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A drugstore uses fixed - order cycles for many of the items it stocks. The manager wants a service level of . 9 0 .
A drugstore uses fixedorder cycles for many of the items it stocks. The manager wants a service level of The order interval is days, and lead time is days. Average demand for one item is units per day, and the standard deviation of demand is units per day. Given the onhand inventory at the reorder time for each order cycle shown in the following table.
Cycle On Hand
Determine the order quantities for cycles and
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