Question: Problem 3 (10 pts) A hardware store counts the packages of screws, bolts and nails every Monday morning and then places an order to replenish

Problem 3 (10 pts) A hardware store counts the
Problem 3 (10 pts) A hardware store counts the
Problem 3 (10 pts) A hardware store counts the packages of screws, bolts and nails every Monday morning and then places an order to replenish its supply. The service level for the store is 98%. Determine the order size for each item given the table below. Average Daily Demand 54 Standard Deviation Item Screws Quantity on Hand Lead Time (days) 235 4 3 83 4 148 1 Bolts Nails 37 8 282 3 QScrews = QBolts = QNails =

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