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A store has collected the following information on one of its products: Demand = 4 , 5 0 0 units / year Standard deviation of
A store has collected the following information on one of its products:
Demand unitsyear
Standard deviation of weekly demand units
Ordering costs $ order
Holding costs $ unityear
Cycleservice level for
Leadtime weeks
Number of weeks per year weeks
EOQ
Given this data, if the store uses a P system for inventory control, how often will it review the inventory position for this product?
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