The mathletes needed $932.50 to attend a competition in Boston .the bus cost $550 and meals for the tournament costs $22.50 for
1 answer:
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Answer:
(B)93
Explanation:
Since we are using a fixed-order-interval model,
The Amount to Order=Expected Demand During protection Interval+Safety Stock-Amount at Hand
Where:
d=weekly demand
OI=Order Interval
LT=Lead Time
z=Standard Deviation of Desired Service Level
=Standard Deviation of weekly Demand
A= Amount at Hand