Weekly demand for smartphones at an Apple store is normally distributed, with a mean of 500 and
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Weekly demand for smartphones at an Apple store is normally distributed, with a mean of 500 and a standard deviation of 300. Foxconn, the assembler, takes four weeks to supply an Apple order. Apple is targeting a CSL of 95 percent and monitors its inventory continuously. How much safety inventory of cell phones should the Apple store carry? What should its ROP be?
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Related Book For
Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
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