Question: You are shipping an order for tablet computers by air to a seller located 700 miles away. The order lead time is 3 days. The

You are shipping an order for tablet computers by
You are shipping an order for tablet computers by air to a seller located 700 miles away. The order lead time is 3 days. The cost of goods is $1700 per unit. The annual holding cost percentage is 30%. The mean demand is 300 units per day with a standard deviation of 20 units per day. Assume a safety factor of 4. What are the average n-order inventory and average on-hand inventory of the seller? Assume 365 days in a year. on-order inventory is 160 units; on-hand inv. is 900 units on-order inventory is 300 units; on-hand inv. is 150 units on-order inventory is 900 units; on-hand inv. is 160 units on-order inventory is 150 units; on-hand inv. is 300 units

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