Question: AQ 3 . Inventory Management ( 1 2 marks ) Regional Supermarket is open all year round. Daily use of cash register tapes average 3
AQ Inventory Management marks Regional Supermarket is open all year round. Daily use of cash register tapes average rolls. Usage appears normally distributed with a standard deviation of : rolls per day. marks If lead time is days, what reorder point should be used to achieve a target service level of marks Suppose that lead time is normally distributed with mean : days and standard deviation of : days. What is the service level if the reorder point is rolls?
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