Question: QUESTION 1 9 Chapter 1 2 , problem 2 6 A small copy center uses five 5 0 0 - sheet box of copy paper
QUESTION
Chapter problem
A small copy center uses five sheet box of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five box ser and a standard deviation of onehalf box per week. Two weeks are required to fill an order for letterhead stationery.
To reduce the inventory cost, the company decides to shorten the FOI review cycle from weeks to weeks. What will be the order quantity if the on hand inventory is box at the review time if we maintain the service level as the same?
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