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Jonathan Apple company orders product A on a daily basis and has a 8 day leadtime. Average daily demand is 100 units with a standard
Jonathan Apple company orders product A on a daily basis and has a 8 day leadtime. Average daily demand is 100 units with a standard deviation of 10 units. The holding cost is $5.00 per day and desired in-stock probability is 0.9773 (safety factor = 2). How many units are on order on average
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Managing: A Competency-based Approach
Authors: Don Hellriegel
Eleventh Edition
0324421400, 978-0324421408
