Essay
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation of 4. The manager checks the inventories on shelves and places an order every three days. Delivery lead time is two days.
-How much safety stock of peanut butter should they have for a 99% service level?
Correct Answer:
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Z = 2.33, r = 3, and...View Answer
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Correct Answer:
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