Question: only need solution! know how to do but dont have time We use a Periodic Review system to manage an inventory item for which demand

only need solution! know how to do but dont have time
only need solution! know how to do but dont have time We

We use a Periodic Review system to manage an inventory item for which demand averages 110 units a week with a standard deviation of 14 units. Lead time for this item is 2 units and our order interval is 9 weeks. Our policy is to manage our inventory such that we run not more than a 2.5% risk of a stockout. Suppose we are about to place an order for this item and have determined that our on-hand inventory is 400 units. What should our order quantity be? (Round to 2 decimal places and report only the number.)

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