Question: Weekly demand for boxes follows a normal distribution with mean 434 and standard deviation 41. Each week, a replenishment order is placed with its supplier
Weekly demand for boxes follows a normal distribution with mean 434 and standard deviation 41. Each week, a replenishment order is placed with its supplier and the order arrives 2 weeks later. All orders that cannot be satisfied immediately due to the lack of boxes are backordered. Suppose the company decides to establish an order-up-to level of 263 boxes. At the start of this week, there are 171 boxes in inventory and 14 boxes on order. How many boxes will the company order this week? (report your answer as an integer) Weekly demand for boxes follows a normal distribution with mean 434 and standard deviation 41. Each week, a replenishment order is placed with its supplier and the order arrives 2 weeks later. All orders that cannot be satisfied immediately due to the lack of boxes are backordered. Suppose the company decides to establish an order-up-to level of 263 boxes. At the start of this week, there are 171 boxes in inventory and 14 boxes on order. How many boxes will the company order this week? (report your answer as an integer)
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