1. What are the three models of this level (use an example of a company from your imagination or a real a company to show the difference between the three models)?
2. 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 on-hand inventory if lead time is five weeks? 285.40 28.54 250.00 2500.00