Horacersquos hardware orders phillips-head screwdrivers, Ask an Expert

Management Studies

Horace’s Hardware orders Phillips-Head screwdrivers from a supplier in California with a lead time of 4 weeks. Horace knows from historical data that weekly demand for these screwdrivers follows a normal distribution with a mean of 50 and a standard deviation of 20. Calculate the lead time standard deviation for these screwdrivers.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92559655

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