Business, 24.03.2020 02:11 teddybear196510
Daily demand for a product is 100 units, with a standard deviation of 10 units. The review period is 20 days and the lead time is 5 days. At the time of review, 10 units are in stock. The demand will be satisfied 97.97% of the time, and there is a 2.28 % risk of stocking out. Hint: find Z where area under the curve = 0.9772How many umits should be ordered?
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Daily demand for a product is 100 units, with a standard deviation of 10 units. The review period is...
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