Question: Additional Algo 1 1 - 4 On - Order Quantity A factory orders supplies every 8 days. The lead time for deliveries is 3 days.
Additional Algo OnOrder Quantity
A factory orders supplies every days. The lead time for deliveries is days. Demand for butter averages pounds per day with a
standard deviation of pounds. The holding cost for butter is $ per pound per day. The factory wants to achieve an instock
probability rate of for butter.
On average, how many pounds of butter will the factory have on order?
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