Question: A Fedex store uses an average of 9 3 medium - sized boxes each day, with a standard deviation of 1 3 boxes. The owner

A Fedex store uses an average of 93 medium-sized boxes each day, with a standard deviation of 13
boxes. The owner is willing to accept no more than an 8% risk of stockout during lead time, which is 2.3
weeks.
a) What is the value of z?
b) How much safety stock is needed?
c) Determine the ROP.

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