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One of the hot sellers for the Wonka Toy store is the Chocolate Factory Board Game. The store uses a periodic review inventory system. The review period for the board game is 1 month, while the lead time to obtain the board game is 1 week. The demand for the board game is normally distributed with a mean of 800/month and a standard deviation of 20/week. If the store uses a target inventory of 1055, what service level is being achieved? (Assume there are 4 weeks in a month).

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92185097

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