Question: Demand arrives one unit at a time according to a Poisson process with mean 10 units / day. Suppose that the lead time is 5

Demand arrives one unit at a time according to a Poisson process with mean 10 units / day. Suppose that the lead time is 5 days, holding cost is $5 and backorder cost is $10. Using normal approximation to find out the optimal inventory position

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