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Business, 21.05.2020 00:15 makenna72

Assume that the system is perpetual inventory system. Then, a) The expected demand during lead-time is simply the sum of daily average demand for each of 19 days constituting the lead-time. b) We do not have sufficient information here because we do not know whether the environment is deterministic or probabilistic. c) We can tell from the statement in (a) that the demand is deterministic. d) We can tell from the statement in (a) that the demand is probabilistic. e) None of the above is true.

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