Mathematics, 04.03.2020 04:45 hailey6822
Using the fixed-time period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a "z" of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?
A. About 1,086
B. About 1,686
C. About 1,806
D. About 2,206
E. About 2,686
Answers: 3
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Using the fixed-time period inventory model, and given an average daily demand of 200 units, 4 days...
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