Question: Dunstreet's Department Store would like to develop an inventory ordering policy with a 9 0 percent probability of not stocking out. To illustrate your recommended

Dunstreet's Department Store would like to develop an inventory ordering
policy with a 90 percent probability of not stocking out. To illustrate your
recommended procedure, use as an example the ordering policy for white
percale sheets.
Demand for white percale sheets is 4,300 per year. The store is open 365 days
per year. Every four weeks (28 days) inventory is counted and a new order is
placed. It takes 9 days for the sheets to be delivered. Standard deviation of
demand for the sheets is five per day. There are currently 100 sheets on-hand.
How many sheets should you order?
Note: Use Excel's NORM.S.INV() function to find the z value. Do not round
intermediate calculations. Round z value to 2 decimal places and final
answer to the nearest whole number.
Number of sheets
 Dunstreet's Department Store would like to develop an inventory ordering policy

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