Question: Daves Auto Supply custom mixes paint for its customers. The shop performs a weekly inventory count of the main colors that are used for mixing
Dave’s Auto Supply custom mixes paint for its customers. The shop performs a weekly inventory count of the main colors that are used for mixing paint. Determine the amount of white paint that should be ordered using the following information:
Average weekly demand...............20 gallons
Standard deviation of demand.............5 gallons/ week
Desired service probability..............98%
Current inventory................. 25 gallons
Lead time .....................1 week
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