Question: solve this queston in a word document, suppose Average demand per week, = 4 5 0 and Standard deviation of weekly demand, o = 1
solve this queston in a word document, suppose
Average demand per week, and Standard deviation of weekly demand, o
Cost per unit. c and Sales price per unit.
disposal value $ and holding cost $
calculate:
Cost of understocking, Cu
Cost of overstocking, C
Optimal Cycle Service Level. CIS~
Optimal Order Size. O
Expected Profits
Expected Overstock if
Expected Understock if
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