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Suppose the grocery store still sells an average of 10 jars per day, with a standard deviation is 2 jars per day. The store is
Suppose the grocery store still sells an average of 10 jars per day, with a standard deviation is 2 jars per day. The store is open every day. Their supplier has a delivery time of exactly five days. Using EOQ analysis, they have determined the optimal order quantity to be 500 jars. Currently, their service level has been set at 95%. Assume 1 year = 365 days
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International Hospitality Management Concepts And Cases
Authors: Alan Clarke, Wei Chen
1st Edition
0750666757, 9780750666756
