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Pure Grapes reviews inventory every week. Lead time L is seven days and demand rate is 100 units per day. You know the company's standard
Pure Grapes reviews inventory every week. Lead time L is seven days and demand rate is 100 units per day. You know the company's standard deviation is 10 units per day and allows one stock-out per year.
Develop the ordering policy for a fixed-time period inventory system assuming 52 weeks per year (i.e. what is the target inventory level,R
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