Question: Exercise 5H: The Office Supply Shop estimates that the average demand for a popular ballpoint pen is 12,000 pens per week with a standard deviation
Exercise 5H: The Office Supply Shop estimates that the average demand for a popular ballpoint pen is 12,000 pens per week with a standard deviation of 3,000 pens. The current inventory policy calls for replenishment orders of 156,000 pens. The average lead time from the distributor is 5 weeks, with a standard deviation of 2 weeks. If management wants a 95 percent cycle-service level, what should be
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