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Please review the example of LO 6 - 2 , then solve the following question before the end of the session. Suppose we schedule shipments
Please review the example of LO then solve the following question before the end of the session.
Suppose we schedule shipments to our customers so that we expect each shipment to wait for two days in finished goods inventory in essence, we add two days to the expected ship date We do this to protect against system variability and ensure a high ontime delivery service. If we ship approximately units each day, how many units do we expect to have in finished goods inventory by allowing this extra time? If the item is valued at $ each, what is the expected value of this inventory?
Please solve the objective question a and b means chapter question
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