Question
1.Apub uses a periodic review system where it checks the liquor stock every tuesday and place an order which arrives on thursday. the pub has
- 1.Apub uses a periodic review system where it checks the liquor stock every tuesday and place an order which arrives on thursday. the pub has observed that demand for beer averages 7 units per day with a standard deviation of 2 units, In any given week,they want to be 90% sure that they wont run out of beer before the order arrives. On tuesday if they have 10 units of beer on hand, how many units should they order?
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Business Logistics Supply Chain Management
Authors: Ronald H. Ballou
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130661848, 978-0131076594, 0131076590, 978-0130661845
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