Demand for widgets is 52000 widgetsyearordering cost is 60, Ask an Expert

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Demand for widgets is 52,000 widgets/year.

Ordering Cost is $60 per order.

Unit Cost is $5.00

The Carrying Charge is 20%

Demand is 1000 per week

Lead Time is 2 weeks

Standard deviation of demand is 300/week

Calculate a fixed period system with a 90% service cycle level

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92030820

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