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The current average daily sale of t-shirts in a retail store is 15 units, with a standard deviation of 3. Delivery time is constant from
The current average daily sale of t-shirts in a retail store is 15 units, with a standard deviation of 3. Delivery time is constant from the parent company and takes 2 days.
a) Find the reorder point, if management wants a 90% service level.
a) Find the reorder point, if management wants a 90% service level.
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To find the reorder point we need to consider the lead time demand Lead time demand is the average d...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
