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Please include your solution Canseco Enterprises uses 84,000 units of Part 256 in manufacturing activities over a 300-day work year. The usual lead-time for the
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Canseco Enterprises uses 84,000 units of Part 256 in manufacturing activities over a 300-day work year. The usual lead-time for the part is six days; occasionally however, the lead time has gone as high as eight days. The company now desires to adjust its safety stock policy. The increase in safety stock size and the likely effect on stockout costs and carrying costs, respectively, would be (E) Canseco Enterprises uses 84,000 units of Part 256 in manufacturing activities over a 300-day work year. The usual lead-time for the part is six days; occasionally however, the lead time has gone as high as eight days. The company now desires to adjust its safety stock policy. The increase in safety stock size and the likely effect on stockout costs and carrying costs, respectively, would be (E)Step by Step Solution
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