Question: An example of the heuristic approximation algorithm for finding Q and r was given in Section 9.1.5. In the first example in that section we

An example of the heuristic approximation algorithm for finding Q and r was given in Section 9.1.5. In the first example in that section we assumed that demand is normally distributed. Suppose demand over a lead time is approximated by a Laplace distribution with the same parameter values. Find Q∗ and r∗ in this case. How do the results compare with those found in Section 9.1.5?

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