Question: Use the data below to answer the question below. Average daily demand 1 0 0 cases per day Standard deviation of daily demand 2 0
Use the data below to answer the question below.
Average daily demand cases per day
Standard deviation of daily demand cases per day
Average Lead Time days constant
Inventory holding cost of the item's value per year
Purchase Price $ per case
Order Cost $ per order
Stockout Cost $ per case
Desired Service Level
Assume the company operates days per year
What is the recommended economic order quantity EOQ
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