Use Appendix 14A. EShack sells an ergonomic keyboard in one of its stores. Average weekly demand for this keyboard follows a Poisson distribution with mean 0.8 unit. It submits orders to the supplier weekly and the supplier delivers with a two-week lead time

Suppose it uses an order-up-to level of four. What is its stockout probability?

Answer rating: 100% (QA)

To calculate the stockout probability we need to c... View the full answer