Question: n a two-bin (continuous review) inventory system, the demand for watchamacallits during the two-week lead time is normally distributed, with an average of 53 units

n a two-bin (continuous review) inventory system, the demand for watchamacallits during the two-week lead time is normally distributed, with an average of 53 units per week. The standard deviation of weekly demand is 5 units. What cycle-service level is provided when the capacity of the second bin (i.e. the reorder point R) is set at 120 units?

2.38%

69.33%

99.74%

97.61%

50.00%

100.00%

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