Question: Store B orders on a weekly basis. Its weekly demand is 40 units with a standard deviation of 10 units. The holding cost is $10
Store B orders on a weekly basis. Its weekly demand is 40 units with a standard deviation of 10 units. The holding cost is $10 per unit per week and a 0.99 in-stock probability is desired. What is Store Bs weekly inventory holding cost per unit if lead time is two weeks?
- A. $32.09
- B. $30.09
- C. $24.09
- D. $25.09
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
