Question
Wendy's Cafe stocks an item that has a normally distributed demand. The average daily demand is 95 units, and the standard deviation of daily demand
Wendy's Cafe stocks an item that has a normally distributed demand. The average daily demand is 95 units, and the standard deviation of daily demand is 7.
The cafe places an order to replenish the inventory every 7 days, and aims to achieve a 99% service level. Lead time is assumed to be 0. Immediately prior to placing an order, they found 120 units in stock. How many units should be ordered?
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Controlling White Collar Crime Designing And Auditing For Systems Security
Authors: John Millar Carroll
1st Edition
0409950653, 978-0409950656
