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The demand for the handbag is forecasted to follow the following distribution: Demand P(D = d) Demand P(D = d) 6 0.08 15 0.06 7
The demand for the handbag is forecasted to follow the following distribution: Demand P(D = d) Demand P(D = d) 6 0.08 15 0.06 7 0.08 16 0.0375 8 0.08 17 0.0375 9 0.08 18 0.0375 10 0.08 19 0.0375 11 0.06 20 0.0375 12 0.06 21 0.0375 13 0.06 22 0.0375 14 0.06 23 0.0375 If Needless Markup chooses to procure 18 handbags, then what is the resulting cycle service level? (Please keep four decimal places, e.g. 0.1234) Answer: ____________
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