Question
A newspaper vendor sees demand variability for the news papers between 80-100 / day The vendor buys the newspapers for 1$ for a pack of
A newspaper vendor sees demand variability for the news papers between 80-100 / day
The vendor buys the newspapers for 1$ for a pack of 5 newspapers. The vendor is able to sell the newspapers for $1/ newspaper.
Any newspaper that is unsold is collected back by the printing agency and the vendor receives 1 cents for every unsold paper.
What is the service level the vendor should aim for? Round off to one decimal point.
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To determine the service level the vendor should aim for we can use the concept of service level in ...
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Project Management A Managerial Approach
Authors: Jack R. Meredith, Samuel J. Mantel,
7th Edition
470226218, 978-0470226216
