Task: Using alpha=0.4, starting inventory of 500, holding cost of $1/item/period and lost sales cost...
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Accounting
Task:
Using alpha=0.4, starting inventory of 500, holding cost of $1/item/period and lost sales cost of $5/item, what is the cost of this customer satisfaction policy? And you need to satisfy 0.9986% of the expected demand.
Attach excel sheet of calculations.
P
F
SQRT
(MSE)
R
Procure
Starting
inventory
Demand
Sales
Ending
Inventory
Lost
sales
11
500
12
13
14
15
16
17
18
19
20
Answer & Explanation
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