Consider an item that we have 120 units currently in inventory. The average demand for the item
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Consider an item that we have 120 units currently in inventory. The average demand for the item is 60 units per week. The lead time for the item is exactly 2 weeks and we carry 16 units for safety stock.
What is the probability of running out of the item if we order right now?
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Related Book For 
Operations And Supply Management: The Core
ISBN: 9780073403335
2nd Edition
Authors: F. Robert Jacobs, Richard Chase
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