• 1.Apub uses a periodic review system where it checks the liquor stock every tuesday and place an order which arrives on thursday. the pub has observed that demand for beer averages 7 units per day with a standard deviation of 2 units, In any given week,they want to be 90% sure that they wont run out of beer before the order arrives. On tuesday if they have 10 units of beer on hand, how many units should they order?

Answer rating: 100% (QA)

Solution 70 2 a 01 The value of bottle use... View the full answer