Business
Business, 19.12.2019 21:31, pk4mk

The zork company carries an inventory item that has a normally distributed demand during the reorder period. the mean demand is 350 units and the standard deviation is 10. marketing determines that a policy resulting in stockouts occurring only 5% of the time is acceptable.(a) marketing probably knows the stockout costs (t/f)(b) determine the safety stock level for production planning(c) with the given service level, at what demand will a stockout occur?

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The zork company carries an inventory item that has a normally distributed demand during the reorder...

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