Question: For her Bakery, Zainab wants to develop an inventory ordering policy for her best - selling croissants with a 9 0 % probability of not
For her Bakery, Zainab wants to develop an inventory ordering policy for her best
selling croissants with a probability of not stocking out. To illustrate the
recommended procedure, consider the ordering policy for croissants. The annual
demand for croissants is units. The bakery operates days a year. Every
week days inventory is counted, and a new order is placed. It takes days for
the croissants to be delivered. The standard deviation of daily demand for
croissants is units. Currently, there are croissants in inventory. Use a zvalue
of for this calculation. How many croissants should Zainab order? USE FIXEDTIME PERIOD MODEL
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