how would you order if you have forecasted demand mean and standard deviation of the forecasted demand?
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how would you order if you have forecasted demand mean and standard deviation of the forecasted demand? and what is the meaning of forecasted demand minus standard deviation of the demand ? how to place order and what is the K value ?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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