A store currently using EOQ = 2480 units; its daily demand is normally distributed with a mean of 155 and standard devia
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A store currently using EOQ = 2480 units; its daily demand is normally distributed with a mean of 155 and standard devia
A store currently using EOQ = 2480 units; its daily demand isnormally distributed with a mean of 155 and standard deviation of50. If it were to switch to period inventory model, what would itsT be? Determine Ireq for a 95% service/fulfillmentpolicy.