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e ) Now suppose that the English company is ready to send the mustard by a faster ship, which will reduce the replenishment lead time
e Now suppose that the English company is ready to send the mustard by a faster ship, which will reduce the replenishment lead time to month and the standard deviation of demand during that period to but increase the cost to $ per jar. What will be the new reorder point for fill rate and cycle service level, respectively?
f What will be the optimal total inventory cost Ordering Holding Purchase before and after the decrease of lead time under fill rate? What managerial insights can you get from this?
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