Describe your order policy in words

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Reference no: EM132185449

The circuit Town store sells a certain digital cameras XS520. The following data are estimated for this digital camera. Suppose that the store uses a periodic review system. Average daily demand = 200 units Standard deviation of daily demand = 30 Review period = 7days Lead time = 3 days To have a less than 3% stock out rate, a. What is the order-up-to level? b. If amount on hand at reorder time=10 units, what is the amount to order? c. Describe your order policy in words.

Reference no: EM132185449

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