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Find the low-cost reorder point under conditions of uncertainty given the following information. Stocked- out=$ 6.00 per item Over stocked cost = $1.00 per item

Find the low-cost reorder point under conditions of uncertainty given the following information.

Stocked- out=$ 6.00 per item

Over stocked cost = $1.00 per item

Probability of .10 .25 .30 .25 .10

meeting Demand100 101 102 103 104

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