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The annual demand for a product is 1 5 , 6 0 0 units . The weekly demand is 3 0 0 units with a
The annual demand for a product is units The weekly demand is units with a standard deviation of units. The cost to place an order is $
and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $ per unit. How much to order? Find the optimal ordering quantity. When to order? Find the reorder point necessary to provide a service level. Compose a sentence of inventory policy.
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