Question: Chapter 1 2 , problem 2 6 . A small copy center uses five 5 0 0 - sheet boxes of copy paper a week.

Chapter

12,

problem

26 .

A small copy center uses five

500 -

sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five boxes per week and a standard deviation of one

-

half box per week. Two weeks are required to fill an order for letterhead stationery.

To reduce the inventory cost, the company decides to shorten the FOI review cycle from

7

weeks to

4

weeks. What will be the order quantity if the on hand inventory is

12

box at the review time if we maintain the service level as the same?

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