Question: Weekly demand for frames at a store is normally distributed with a mean of 300 and a standard deviation of 100. The store manager plans

Weekly demand for frames at a store is normally distributed with a mean of 300 and a standard deviation of 100. The store manager plans to order every three weeks. The manufacturer takes two weeks to fill an order. Given a desired cycle service level of 95%, what should the stores base stock level be? Choose the closest answer.

830

900

1185

1870

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!