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Oders the bolts at the correct time

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It takes approximately 2 weeks (14 days) for an order of steel bolts to arrive once the order has been placed. The demand for bolts is fairly constant; on the average, the manager has observed that the hardware store sells 500 of these bolts each day. Because the demand is fairly constant, she believes that she can avoid stock outs completely if she orders the bolts at the correct time. 

Reference no: EM13661252

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