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A Fido store stocks iPhone 15. The average demand for iPhone 15 is 10 units per day with a standard deviation of 0.5 units. Fido
A Fido store stocks iPhone 15. The average demand for iPhone 15 is 10 units per day with a standard deviation of 0.5 units. Fido Corporate office has a VMI agreement with the stores and monitors the stores' stock every 15 days to figure out how much to replenish. The lead time to receive any order is 7 days. Despite your calculations in the previous question, management has decided to hold 8 units of safety stock. Today is the time to review the inventory and the store has 90 iPhone 15 in stock. What is today's appropriate order quantity? (Provide an answer in whole units)
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