Question: The annual demand for a specific product is 3 , 5 0 0 units and has the following ordering and holding costs: Co = $

The annual demand for a specific product is 3,500 units and has the following
ordering and holding costs: Co = $20.50 per order and Ch = $8.00 per unit. Demand exhibits some
variability such that the lead-me demand is approximately normally distributed with =45 units and
=12 units.

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