Annual demand is 7500, cost per order is $65/order, annual holding (carrying) cost per unit is $3/unit,
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Annual demand is 7500, cost per order is $65/order, annual holding (carrying) cost per unit is $3/unit, the company works 300 days a year and lead time demand (m) is 6 working days. If the company allows shortages 2 times a year, the probability that lead time demand is allowed to be higher than the reorder point (probability of shortages) is approximately:
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Related Book For
Supply Chain Focused Manufacturing Planning and Control
ISBN: 978-1133586715
1st edition
Authors: W. C. Benton
Posted Date: