Question: A store uses a continuous review system ( Q system ) for one of its items having the following characteristics: Demand D = 2 0

A store uses a continuous review system (Q system) for one of its items having the following characteristics:
Demand D =20 units/week (assume 52 weeks per year), standard deviation in weekly demand =5 units
Ordering or setup cost (S)= $40/order
Holding cost (H) per item per year = $10
Lead time (L)=4 weeks (constant)
z =1.62(for cycle-service le

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