Question: What is the probability that a company does not experience a stockout if they have an average demand during lead time of 120 units and
What is the probability that a company does not experience a stockout if they have an average demand during lead time of 120 units and a standard deviation during lead time of 20 units and assuming that their ROP is set to 150 units? Also note that demand during lead time followings a normal distribution.
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