Given: Daily demand = 50 with a standard deviation of 4, lead time = 2 days, ordering cost = $144 per order, holding cos

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answerhappygod
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Given: Daily demand = 50 with a standard deviation of 4, lead time = 2 days, ordering cost = $144 per order, holding cos

Post by answerhappygod »

Given: Daily demand = 50 with a standard deviation of 4, lead
time = 2 days, ordering cost = $144 per order, holding cost = $1
per unit per day, and safety stock of 5 units are required.
Find the optimal order quantity. Choose the closest answer if
needed.
Group of answer choices
80
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100
60
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