A shopkeeper keeps 60 cases of safety stock to be assured, Ask an Expert

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A shopkeeper keeps 60 cases of safety stock to be assured of meeting his customer demand during lead time 90% of the time. His supplier takes 9 days to deliver. The standard deviation of demand is about 15 cases/day. How would his service probability change if he cut his safety stock by 10 units?

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Operation Management, Management Studies

Category:- Operation Management
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