Question: Inventory Systems Class I have information about demand, backorder cost, holding cost, sample mean, std. deviation and lead time demand. I want to find the
Inventory Systems Class
I have information about demand, backorder cost, holding cost, sample mean, std. deviation and lead time demand. I want to find the ordering cost. Are these enough? If not, what else should be known? Can you please explain this in detail with a formula? Thank you.
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