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Radio Shack sells a 32GB flash drive. Weekly demand for the 32GB flash drive in one of their stores is normally distributed with a mean
Radio Shack sells a 32GB flash drive. Weekly demand for the 32GB flash drive in one of their stores is normally distributed with a mean of 12 and a standard deviation of 3. The store places orders weekly and there is a one week lead time to receive orders. Suppose they operate with an order-up-to level of 30, what:
i. In-stock probability would they achieve?
ii. Fill rate would they achieve
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