A product is stocked for a single period onlymdashthere is


A product is stocked for a single period only—there is no opportunity to replace inventory. The company would like to target a service level of 0.975 for this item. If demand is believed to be normally distributed with a mean of 15,000 and a standard deviation of 5,000 than how many units should be ordered for this item?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: A product is stocked for a single period onlymdashthere is
Reference No:- TGS01267452

Expected delivery within 24 Hours