Question: John Doe Enterprises utilizes a continuous review inventory system. Whenever inventory position falls to 2 5 0 unites, an order for 1 , 0 0

John Doe Enterprises utilizes a continuous review inventory system. Whenever inventory position falls to 250 unites, an order for 1,000 additional units is placed. Lead time for the product is 2 weeks. Average weekly demand is 75 units; however, demand is known to fluctuate widely. Standard deviation of weekly demand is 45 units.
a. What service level is John Doe Enterprises maintaining?
b. John Doe has decided to maintain no safety stock inventory. With what probability will the company stock out during ay given inventory cycle? Show how you arrived at your answer.
 John Doe Enterprises utilizes a continuous review inventory system. Whenever inventory

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