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Alice works as a procurement assistant for a restaurant. She has access to a rice supplier who allows her to place orders at any time.
Alice works as a procurement assistant for a restaurant. She has access to a rice supplier who allows her to place orders at any time. On average, the restaurant consumes 50 pounds of rice per day, with a standard deviation of 8 pounds. The supplier takes an average of 4 days to deliver the rice, with a standard deviation of 1.2 days. Alice decides to order 80 pounds of rice each time. What is the safety stock that will enable Alice to maintain a 96% service level? 73 88 97 109
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