9 Suppose annual demand for a product is normally distributed, with a mean of 600 and a
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9 Suppose annual demand for a product is normally distributed, with a mean of 600 and a variance of 300.
Suppose that the lead time for an order is always one month.
Show (without using Equation (8)) that the lead time demand has mean 50, variance 25, and standard deviation 5. Assume that the demands during different one-month periods are independent, identically distributed random variables.
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Related Book For 
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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