Business, 05.05.2020 06:07, lizbethmillanvazquez

Uncle Chuck’s Chicken Sandwich operates 360 days per year and uses a periodic system to make inventory decisions for fries. Daily demand has been forecast to be 500 units and the standard deviation of daily demand is 100 units. The order interval is 10 days and the order lead time is 9 days. Uncle Chuck’s Chicken Sandwich desires to maintain a service level of 98% for this item. If the on-hand inventory is 2,800, what is the order quantity? Round your answer to a whole number.

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Uncle Chuck’s Chicken Sandwich operates 360 days per year and uses a periodic system to make invento...