B suppose norwitch has worked out a new contract accepted, Ask an Expert

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(b) Suppose Norwitch has worked out a new contract, accepted by all its customers, of being allowed up to one week to satisfy each demand. Norwitch still uses a 99% "fill rate" as a target service measure. However, stockouts satisfied within a week is considered as good as demand satisfied from the on-hand inventory.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9616546

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