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A large hospital uses a certain intravenous solution that it maintains in inventory. Pertinent data about this item are as follows: a 3 6 5

A large hospital uses a certain intravenous solution that it maintains in inventory.

Pertinent data about this item are as follows:

365

days per year

bnormally distributed

CDuring the lead time or during the order interval plus leadtime, depending on the

inventory control design

1

.

What is the ideal reorder point?

1

.

what is the ideal order quantity?

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