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2. A firms economic order quantity for its inventory of notebooks is 987. It requires 4 days of safety stock and it takes 3 days
2. A firms economic order quantity for its inventory of notebooks is 987. It requires 4 days of safety stock and it takes 3 days to receive shipments of notebooks, once an order is placed.
a. How will the firm use its EOQ to manage its inventory of notebooks?
b. How do the safety stock requirement and time to receive shipments impact its notebook inventory management?
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