Problem on monthly demand for the pickles


Assignment:

Joel Silver, the owner of Joel's Specialty Pickles, orders some unusual pickles from a small town in southern Georgia. Over the years, Joel has noticed considerable variability in the time it takes to receive orders of these pickles. On average, the order lead time is four months and the standard deviation is six weeks (1.5 months). Monthly demand for the pickles is normally distributed with mean 15 (jars) and standard deviation 6.

To which situation does this fit and what should the ROP be?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Problem on monthly demand for the pickles
Reference No:- TGS02084649

Expected delivery within 24 Hours