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Company X stocks 3 types of products in its warehouse. Inventory levels over time for these products are shown in the figure. Accordingly, an order
Company X stocks 3 types of products in its warehouse. Inventory levels over time for these products are shown in the figure. Accordingly, an order is placed when stocks fall to the reorder point. Determine the number of storage places required by the company according to (a) dedicated, (b) random, (c) class-based storage policy (Note: Products are divided into 2 categories. Product 1 is in category 1, products 2 and 3 are in category 2).
I(t)
900
550
200
1
I2(t)
360
210
60
13(t)
2
3
4
5
6
1
2
3
4
5
6
600
350
100
1
2
3
4
5
6
Inventory levels over time for 3 products
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