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Food Town (FT) wishes to determine an optimal ordering policy for a certain popular pasta. The store sells an average of 320 packages weekly. The
- Food Town (FT) wishes to determine an optimal ordering policy for a certain popular pasta. The store sells an average of 320 packages weekly. The weekly standard deviation of sales is 80 packages. FT used to hold 60 packages of safety stock.
- What is the cycle service level that FT can achieve? (Assume L=1 week)
- Currently FT is ordering Q = 1664 units. How many stock-outs can management expect to experience per year?
- Suppose L = 2.2 weeks. What safety stock is needed to maintain the service level of 77.33%?
- Calculate the percent increase of the safety-stock holding-cost.
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Anti Money Laundering Audit And Controls Practical Hands On Guide For Audit And Compliance Professionals
Authors: Bob Walsh
1st Edition
1518662803, 978-1518662805
