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1. Store B 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.
a) What is Store B’s weekly inventory holding cost if lead time is two weeks?
b) What is Store B’s weekly inventory holding cost per unit?
2. What is the overall themes for The Dying Christian to his Soul, I Travelled among unknown Men and My Parents and I?
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
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