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A company manages its inventory for a specific item using the periodic review inventory model with 8 days between orders. It is currently time to

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A company manages its inventory for a specific item using the periodic review inventory model with 8 days between orders. It is currently time to place an order, and the company notes that there are 190 items on hand. The item to be replenished has a lead time of days with a daily demand of 420 units. The standard deviation of demand during the uncertainty period has been calculated to be 55. If the company wants to have at least a 98% service level for this item, what should its order quantity be? Click the icon to view the table for the z-values for the given probabilities. The order quantity is units. (Enter your response rounded up to the next whole number.) i More Info X Standard Normal Table Service level z value 0.90 1.28 0.95 1.65 0.98 2.05 0.99 2.33 Print Done

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