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Palin's Muffler Shop has one standard muffler that fits a large variety of cars. The shop wishes to establish a periodic review system to manage
Palin's Muffler Shop has one standard muffler that fits a large variety of cars. The shop wishes to establish a periodic review system to manage inventory of this standard muffler. Use the information in the following table to answer the below questions.
tableAnnual demand, mufflersStandard deviation of daily demand, mufflers per working dayItem cost$ per mufflerAnnual holding cost, of item valueReview period, working daysOrdering cost$ per orderService probability,
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