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Annual demand for a particular halogen bulb is 7500 at a business that operates 300 days per year. The cost per order $190 and the
Annual demand for a particular halogen bulb is 7500 at a business that operates 300 days per year. The cost per order $190 and the holding cost per unit per year is $3.2. If the lead time is 20 days, and demand during lead time follows the empirical distribution given in the following table:
Number of Units | Probability |
350 | 0.2 |
400 | 0.05 |
450 | 0.15 |
500 | 0.2 |
550 | 0.15 |
600 | 0.05 |
650 | 0.2 |
For a safetystock of 100 what is the service level?
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