The injection molding department of a company uses 40, Ask an Expert

Management Studies

The injection molding department of a company uses 40 pounds of a powder a day. Inventory is reordered when the amount on hand is 240 pounds. Lead time averages 5 days. It is normally distributed and has a standard deviation of 2 days. What is the probability of a stockout during lead time? (Can you please show me how to do it)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92559112

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