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 3 days with a daily demand of 420 units. The standard deviation of demand during the uncertainty period has been calculated to be 70. if the company wants to have at least a 98% service level for this item, what should its order quantity be? Click the icon to view the table for the 2-values for the given probabilities The order quantity is units. (Enter your response rounded up to the next whole number.)

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