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 mediumsized boxes each day, with a standard deviation of
boxes. The owner is willing to accept no more than an risk of stockout during lead time, which is
weeks.
a What is the value of
b How much safety stock is needed?
c Determine the ROP.
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