Question
1. A grocery store uses a fixed order cycle policy for ordering the paper towels it sells to their customers. Demand for the paper
1. A grocery store uses a fixed order cycle policy for ordering the paper towels it sells to their customers. Demand for the paper towels is normally distributed with a mean of 50 rolls per day and a daily standard deviation of three rolls. The order interval is 12 days with a lead time of three days. The quantity of paper towel rolls in stock at the time of reorder for three order cycles is given in Table 9.2. (Joe) Table 9.2. Paper Towels in Stock Order Cycle Inventory on Hand 1 35 4 3 88 Determine the order quantity for each of the three order cycles.
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