Business, 19.03.2020 21:28 zah16

A manager reorders lubricant when the amount on hand reaches 422 pounds. Average daily usage is 45 pounds, which is normally distributed with a standard deviation of three pounds per day. Lead time is nine days. What is the risk of a stockout?

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A manager reorders lubricant when the amount on hand reaches 422 pounds. Average daily usage is 45 p...

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