In the lulu hypermarket chain the daily demand for product, Ask an Expert

Management Studies

In the Lulu Hypermarket chain, the daily demand for Product X is normally distributed with a mean of 9000 items and a standard deviation of 1900 items. The lead time is eight days. If the Lulu Hypermarket Manager wants to limit the probability of a stockout to 2%, determine the re-order point.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92473466

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