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Inventory control with ABC classification is based on the principle JIT Newsvendor Bullwhip effect EOQ 80/20
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answerhappygod
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Weekly demand for dumplings at Jane's restaurant is normally distributed with a mean of 2825 and a standard deviation of 425. The restaurant manager continuously monitors inventory, and the current replenishment policy is to order 500 dumplings each time the inventory drops to 6000 dumplings. The supplier currently takes two weeks to deliver an order (ie, the lead time for Jane's restaurant is two weeks). Under the current policy, how much safety inventory does the restaurant carry? Round to the nearest 10's if needed because each pack has 10 dumplings 300 350 3 % 8 560 470
Inventory control with ABC classification is based on the principle JIT Newsvendor Bullwhip effect EOQ 80/20
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Weekly demand for dumplings at Jane's restaurant is normally distributed with a mean of 2825 and a standard deviation of 425. The restaurant manager continuously monitors inventory, and the current replenishment policy is to order 500 dumplings each time the inventory drops to 6000 dumplings. The supplier currently takes two weeks to deliver an order (ie, the lead time for Jane's restaurant is two weeks). Under the current policy, how much safety inventory does the restaurant carry? Round to the nearest 10's if needed because each pack has 10 dumplings 300 350 3 % 8 560 470
Inventory control with ABC classification is based on the principle JIT Newsvendor Bullwhip effect EOQ 80/20