Question: Store A orders on a weekly basis. Its weekly demand is 5 0 units with a standard deviation of five units. The holding cost is
Store A orders on a weekly basis. Its weekly demand is units with a standard deviation of five units. The holding cost is $ per unit per week and a instock probability is desired. What will be the effect on Store As average onhand inventory if lead time declines from five weeks to three weeks, other parameters remaining unchanged? Hint: Focus sharply on only relevant info
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