Question: A company manages its inventory for a specific item using the periodic review inventory model with 9 days between orders. It is currently time to

A company manages its inventory for a specific

A company manages its inventory for a specific item using the periodic review inventory model with 9 days between orders. It is currently time to place an order, and the company notes that there are 220 items on hand. The item to be replenished has a lead time of 4 days with a daily demand of 390 units. The standard deviation of demand during the uncertainty period has been calculated to be 45. If the company wants to have at least a 95% service level for this item, what should its order quantity be? Click the icon to view the table for the z-values for the given probabilities. The order quantity is units. (Enter your response rounded up to the next whole number.) More Info Standard Normal Table Service level z value 0.90 1.28 1.65 0.98 2.05 0.99 2.33 0.95 Print Done Done

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