Question
Bakery A uses a safety stock of 6 bags of chocolate chips, and as part of their baking they use on average 5 bags per
Bakery A uses a safety stock of 6 bags of chocolate chips, and as part of their baking they use on average 5 bags per day, with a standard deviation of 3 bags. Lead time to receive more chocolate chips from the supplier is 1 day. What is the in-stock probability for chocolate chips (use four decimals)?
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Linear Algebra and Its Applications
Authors: David C. Lay
4th edition
321791541, 978-0321388834, 978-0321791542
