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Accounting

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Question 13 (4.5 points) Listen A firm uses a fixed time period model to manage a type of bolts they keep in inventory. The average daily demand for the bolts is 53 with a standard deviation of 6. An order is placed every 35 days and is received 2 days later. They use a 99 percent service level and currently have 92 on hand. How many should they order? Do not round intermediate calculations. Round your answer to a whole number. Your Answer: Answer Question 12 (4.5 points) Listen Uncle Chuck's Chicken Sandwich operates 360 days per year and uses a periodic system to make inventory decisions for fries. Daily demand has been forecast to be 600 units and the standard deviation of daily demand is 300 units. The order interval is 10 days and the order lead time is 4 days. Uncle Chuck's Chicken Sandwich desires to maintain a service level of 98% for this item. How much safety stock Uncle Chuck needs to carry? Do not round intermediate calculations. Round your answer to a whole number. Your

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