Question: Using the Case Exhibit 3, set up a model for minimum and maximum inventory levels for Westa Petroleum Services (WPS). In your opinion, is the
Using the Case Exhibit 3, set up a model for minimum and maximum inventory levels for Westa Petroleum Services (WPS). In your opinion, is the algorithm used for lead time and quantity that ahmed devised appropriate? What would be the impact on cost of bringing the inventory to the maximum level immediately?
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