Question: Tom assumes his distribution does not differ significantly from the Poisson distribution. Considering the Poisson an adequate surrogate and stockouts as lost sales, he has
Tom assumes his distribution does not differ significantly from the Poisson distribution. Considering the Poisson an adequate surrogate and stockouts as lost sales, he has found a reorder point of dozen with an apparent safety stock of dozen.
How should inventory policies for sea scallops be established if they are to be kept fresh before preparation? Kept frozen before preparation?
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