Question: A hardware company stores nails and orders them from a local supplier once every 3 weeks. Lead time is 3 working days. The company has

A hardware company stores nails and orders them from a local supplier once every 3 weeks. Lead time is 3 working days. The company has determined that the average demand for 1-inch nails is 273,000 per year, and that the standard deviation of demand is 200 units. The companys management stated that it wants to maintain a 96% customer service level. The stock on hand is 4,250 nails, and an order is to be placed this week. How many 1-inch nails should be ordered? [SHOW YOUR CALCULATIONS]

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