What is the fill rate corresponding to that order


Zaza Fashions' demand for the Polka Dot silk skirt during the Fall season is Poisson with a mean of 6.5. Zaza calculates the order quantity that maximizes its expected profit using the newsvendor model and determines that the stock-out probability with that order quantity is about 0.32724. What is the fill rate corresponding to that order quantity?

Note: you are dealing with a Poisson distribution here so you will need t use the Poisson Distribution Function Tables. 4.

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Operation Management: What is the fill rate corresponding to that order
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