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15-04-2020
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Daily demand for a 60" LED TV is 98 TVs/day with a standard deviation of 4.0/day. Each TV costs $600/TV. Each order costs $1000/order with a annual holding cost of $10/TV. Desired service level is 99% and lead time is a constant 4 days. What is the optimal reorder point

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chamberlainuket chamberlainuket

20-04-2020

Answer:

410.69

Explanation:

See attached file

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