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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