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Weekly consumption of fasteners at Boeing commercial airplane manufacturing facility is normally distributed with a mean of 1,000 and a standard deviation of 150. Each

Weekly consumption of fasteners at Boeing commercial airplane manufacturing facility is normally distributed with a mean of 1,000 and a standard deviation of 150. Each fastener costs $2. Boeing uses inventory ordering p olicies we have discussed in class (i .e., EOQ and ROP) to manage its inventory of fasteners. Lead time for replenishment of an order is 1 week. Annual holding cost is 25% of unit cost

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