Question: A large hospital uses a certain intravenous solution that it maintains in inventory. Pertinent data about this item are as follows: table [ [

A large hospital uses a certain intravenous solution that it maintains in inventory. Pertinent data about this item are as follows:
\table[[Forecasted daily usage ?a=50 units],[Forecast error std. dev. ?b=15 units],[Average lead. time =7 days],[Lead time std. dev. ?b=2 days],[Annual carrying cost =30%
A large hospital uses a certain intravenous solution that it maintains

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