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For 10 percent of the products in a category, a firm fails to satisfy all demand during the month. What is its in-stock probability?

A local bookstore turns over its inventory once every three months. The bookstore’s annual cost of holding inventory is 36 percent. What is the inventory holding cost (in $) for a book that the bookstore purchases for $10 and sells for $18?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92579028

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