11. Ice Ginger reviews inventory every two weeks. As the inventory manager of the company, you know...

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11. Ice Ginger reviews inventory every two weeks. As the inventory manager of the company, you know that its lead time is seven days and its demand rate is 40 units per day. Given variance is 25 units per day, you calculated the target inventory level to be 881 units. Now, how many stock-outs per year are permitted by the company assuming 52 weeks per year? Show all calculations.

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