please answer both questions within 30 mins 1) Store A orders on a weekly basis. Its weeklydemand is 50 units with a standard deviation of fiveunits. The holding cost is $10 per unit per week and a0.99 in-stock probability is desired. What is Store A'saverage holding cost incurred each week for on-orderinventory if lead time is five weeks?2) Store A orders on a weekly basis. Its weeklydemand is 50 units with a standard deviation of fiveunits. The holding cost is $10 per unit per week and a0.99 in-stock probability is desired. What is Store A'saverage on-hand inventory if lead time is five weeks?

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1) Store A orders on a weekly basis. Its weekly demand is 50 units with a standard deviation of five units. The holding cost is $10 per unit per week and a 0.99 in-stock probability is desired. What is Store A's average holding cost incurred each week for on-order inventory if load time is five wooks2

1) Store A orders on a weekly basis. Its weekly demand is 50 units with a standard deviation of five units. The holding cost is $10 per unit per week and a 0.99 in-stock probability is desired. What is Store A's average holding cost incurred each week for on-order inventory if load time is five wooks2

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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