Business, 27.11.2019 23:31 anamaliiow
Foster drugs, inc., handles a variety of health and beauty aid products. a particular hair conditioner product costs foster drugs $2.95 per unit. the annual holding cost rate is 20%. an order-quantity, reorder point inventory model recommends an order quantity of 300 units per order. （1） lead time is one week, and the lead-time demand is normally distributed with a mean of 150 units and a standard deviation of 40 units. what is the reorder point if the firm is willing to tolerate a 1% chance of stock-out on any one cycle?
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Foster drugs, inc., handles a variety of health and beauty aid products. a particular hair condition...
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