es /2022]> General > FINAL ONLINE TEST wered of 4.00 This course estion The average number of times a product is ordered

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Es 2022 General Final Online Test Wered Of 4 00 This Course Estion The Average Number Of Times A Product Is Ordered 1 (31.12 KiB) Viewed 11 times

es /2022]> General > FINAL ONLINE TEST wered of 4.00 This course estion The average number of times a product is ordered per year is ten, with a reorder point of 260 units. The historical distribution of demand values recorded during lead time is displayed in the table below. Demand Probability 0.1 0.2 0.4 0.2 0.1 #EA 240 250 260 270 280 Hide blocks Standard view Stockouts are currently valued at MYR5 per unit per occurrence, compared to MYR2 per unit per year for inventory carrying costs. Should the company buy more safety stock and how much? Support your answer with calculations. MAPRE