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A 91% service level is set for Briggs Engine Company. Briggs uses a Q-model to make inventory decisions about a replacement part for a battery
A 91% service level is set for Briggs Engine Company. Briggs uses a Q-model to make inventory decisions about a replacement part for a battery cable. Annual demand has been forecast to be 4900 units, while it costs $6 to hold a unit for a year and $300 to place an order. The order lead time is 16 days and the business operates 300 days per year. What is the expected level of demand during lead time
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