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Using the fixed-time period inventory model and given an average daily demand of 75 units, 10 days between inventory reviews, 2 days for lead time, 50 units of inventory on hand, a service probability of 95 percent and a standard deviation of demand over the review and lead time of 8 units, what would be the order quantity.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M977408

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