Question
A local hospital is using an order up to inventory model to stock XS gloves. The weekly demand for these gloves is 5000, with a
A local hospital is using an order up to inventory model to stock XS gloves. The weekly demand for these gloves is 5000, with a standard deviation of 1000. The lead time to order new gloves is 2 weeks. The hospital currently uses an order up to level (S) equal to 19,035. What is the probability that these gloves will be in stock?
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Get StartedRecommended Textbook for
Linear Algebra With Applications
Authors: W. Keith Nicholson
7th Edition
978-0070985100, 70985103
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