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help!! Weekly demand for cell phones at a retailer is normally distributed with a mean of 1 5 0 phones and a standard deviation of
help!! Weekly demand for cell phones at a retailer is normally distributed with a mean of phones and a standard deviation of The retailer replenishes inventory by ordering from a distributor, with a lead time of two weeks. Currently, the store continuously monitors the inventory of phones and achieves an instock probability of If the fixed ordering cost from the supplier is $ and the weekly holding cost per phone is valued at $ What should be the optimal order quantity?Weekly demand for cell phones at a retailer is normally distributed with a mean of phones and a standard deviation of The retailer replenishes inventory by ordering from a distributor, with a lead time of two weeks. Currently, the store continuously monitors the inventory of phones, and achieves an instock probability of If the fixed ordering cost from the supplier is $ and the weekly holding cost per phone is valued at $ What should be the optimal order quantity?
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