Question: Additional Algo 1 1 - 4 On - Order Quantity A fabricating shop orders supplies every 5 days. The lead time for deliveries is 8
Additional Algo OnOrder Quantity
A fabricating shop orders supplies every days. The lead time for deliveries is days. Demand for oxygen averages pounds per day with a standard deviation of pounds. The holding cost for oxygen is $ per pound per day. The fabricating shop wants to achieve an instock probability rate of for oxygen.
On average, how many pounds of oxygen will the fabricating shop have on order?
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