Question: Weekly demand for a certain product is normally distributed with mean 2 0 0 and standard deviation 1 0 . The source of supply is
Weekly demand for a certain product is normally distributed with mean and standard deviation The source of supply is reliable and maintains a constant leadtime of week. The cost of placing an order is $ and annual holding cost is $ per unit. Assume weeks per year. Management wants to satisfy a probability of not running out of stock in any one ordering cycle.
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