Question: Additional Algo 1 1 - 4 On - Order Quantity A factory orders supplies every 7 days. The lead time for deliveries is 6 days.

Additional Algo 11-4 On-Order Quantity
A factory orders supplies every 7 days. The lead time for deliveries is 6 days. Demand for glass averages 17 pounds per day with a standard deviation of 2 pounds. The holding cost for glass is $0.49 per pound per day. The factory wants to achieve an in-stock probability rate of 99% for glass.
On average, how many pounds of glass will the factory have on order?
On-order inventory
pounds
Additional Algo 1 1 - 4 On - Order Quantity A

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