The injection molding department of a company uses 40, Operation Management

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The injection molding department of a company uses 40

The injection molding department of a company uses 40 pounds of a powder a day. Inventory is reorder when the amount on hand is $240 pounds. Lead time averages five days. It is normally distributed and has a standard deviation of two days. What is the probability of a stock out during lead time?

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Operation Management: The injection molding department of a company uses 40

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