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Problem:

During replenishment of blue diamonds, it is shown that the average demand per period is 4 and the average lead time is 3 per period.

Required:

Question 1) What is the standard deviation of demand during replenishment of blue diamond if the standard deviations of demand per period and lead time are 1.2 and 1.5 respectively. Solve the given numerical problem and show all work.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91162390

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