Question: A stores inventory manager uses the economic order quantity inventory model for a product with 0.2 probability of stockout. Annual demand for the product is

A stores inventory manager uses the economic order quantity inventory model for a product with 0.2 probability of stockout. Annual demand for the product is 1,100 and the optimal order quantity is 80. How many stockouts should the company expect in a year? Group of answer choices 1 4 2 3

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