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PA 1 1 - 2 ( Algo ) Anvil's Works requires on average... Anvils Works' requires, on average, 3 , 0 0 0 tons of
PA Algo Anvil's Works requires on average...
Anvils Works' requires, on average, tons of aluminum each week, with a standard deviation of tons. The lead time to receive its orders is weeks. The holding cost for one ton of aluminum for one week is $ It operates with a instock probability.
On average, how many tons does it have on order?
Note: Round your answer to nearest integer.
On average, how many tons does it have on hand?
Note: Round your answer to nearest integer.
If its average inventory was tons, what would be its average holding cost per week?
Note: Round your answer to nearest integer.
If its average inventory was tons, what would be its average holding cost per ton of aluminum?
Note: Round your answer to decimal places.
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