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Z is a standard item stocked in a company WCU's inventory. Each year the firm, on a random basis, uses about 1,500 of item Z,

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Z is a standard item stocked in a company WCU's inventory. Each year the firm, on a random basis, uses about 1,500 of item Z, which costs $25 each. The source of supply is reliable and maintains a constant lead time of four days. Holding costs, which include insurance and cost of capital, amount to $5 per unit of average inventory. Every time an order is placed for more item Z, it costs $14. Assume that a year consists of 365 days. What is the inventory policy of the company WCU? (Assume that there is no Safety Stock) When inventory position drops to 92, place an order for 16 more. When inventory position drops to 105, place an order for 6 more. When inventory position drops to 7place an order for 22 more. When inventory position drops to 16, place an order for 92 more

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