Demand for an item in a month 4 weeksmonth is itid and, Ask an Expert

Management Studies

Demand for an item in a month (4 weeks/month) is itid and normally distributed with mean of 100 units and standard deviation 10 units. The lead time is 2 weeks. Suppose that the reorder point is 100. Compute the probability of a shortage in an order cycle.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92543020

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