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A parts supply store orders a particular item on a weekly basis. The weekly demand is 3 0 units with a standard deviation of four
A parts supply store orders a particular item on a weekly basis. The weekly demand is units with a standard deviation of four units. The holding cost is $ per unit per week and a instock probability is desired. What is the stores average holding cost incurred each week for the onorder inventory of this item if lead time is three weeks?
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