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Business, 01.10.2019 23:00 mepuppy5000

The annual demand for a product is 14,200 units. the weekly demand is 273 units with a standard deviation of 95 units. the cost to place an order is $32.00, and the time from ordering to receipt is four weeks. the annual inventory carrying cost is $0.10 per unit. find the reorder point necessary to provide a 95 percent service probability.

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