Question: Question 17 2 points Save Answer A maintenance manager has implemented a system for managing the inventory of bulk oil that they use in equipment

Question 17 2 points Save Answer A maintenance

Question 17 2 points Save Answer A maintenance manager has implemented a system for managing the inventory of bulk oil that they use in equipment maintenance, whereby every second Monday they check the amount of oil on hand and order more; the replenishment order will then arrive one week later. They have determined that weekly demand averages 300 litres, with a standard deviation of 65 litres. Each litre costs $2.25; the manager wishes to be 98% sure that they don't stock out in a given order cycle. If there are 100 litres on hand on a given Monday in which they are to place an order, how many litres should they order? O a. 565 O b. 732 O C. 865 d. 1,032 O e 1,045

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