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How much gravy should be ordered using a fixed order interval system? Order is being placed on Thursday and the fiscal week begins on Thursday and ends on Wednesday. Service level of 95%, standard deviation of 3.5 units per week, moving average weekly demand of 35 servings. Each gravy mix comes in packs of two servings. Currently three packs in inventory
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A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be suppl
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