Business, 06.06.2020 19:02, azduce

You are in charge of inventory control of a highly successful product retailed by your firm. Weekly demand for this item varies, with an average of 150 units and a standard deviation of 25 units. It is purchased from a wholesaler at a cost of $20.00 per unit. The supply lead time is 6 weeks. Placing an order costs $48.00, and the inventory carrying rate per year is 25 percent of the item's cost. Your firm operates 7 days per week, 51 weeks per year. Refer to the standard normal tableLOADING... for z-values.

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You are in charge of inventory control of a highly successful product retailed by your firm. Weekly...