Oxygen is delivered to general hospital every thursday the


Oxygen is delivered to General Hospital every Thursday. The quantity delivered is based on an order called in by the hospital on Monday, 3 days before. The average daily usage of oxygen is 6 tanks with a standard deviation of 1.2 tanks. Determine the target inventory level (TIL) if the hospital wishes to take no more than a 2% chance of running out of oxygen between orders.

Request for Solution File

Ask an Expert for Answer!!
Management Theories: Oxygen is delivered to general hospital every thursday the
Reference No:- TGS0950893

Expected delivery within 24 Hours