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Your office manager is reducing the amount of money spent on office supplies. As part of that reduction, she will be reducing the safety stock
Your office manager is reducing the amount of money spent on office supplies. As part of that reduction, she will be reducing the safety stock for reams of paper from 35 reams to 25 reams.
If your office consumes an average of 92 reams per day with a standard deviation of 56.818 reams, what is the chance that your office will run out of paper on any day? (Keep four decimal places in your answer, which should be a number not a percentage)
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