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A factory orders supplies every 6 days. The lead time for deliveries is 7 days. Demand for steel averages 1 6 pounds per day with
A factory orders supplies every days. The lead time for deliveries is days. Demand for steel averages pounds per day with a standard deviation of pounds. The holding cost for steel is $ per pound per day. The restaurant wants to achieve an instock probability rate of for steel. On average, how many pounds of steel will the factory have on hand? Note: Round your answer to decimal place.
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