Question: 3 . Finally, analyze the inventory decision for raw material eggs. Assume daily demand follows normal distribution with mean 1 6 0 0 and standard
Finally, analyze the inventory decision for raw material eggs. Assume daily demand follows normal distribution with mean and standard deviation Apply EOQ to determine the optimal order quantity. Given target service level sigma determine the safety stock, reorder point, and average inventory. Perform the same analysis for target service level sigma and sigma
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