Short Answer
A bakery's use of corn syrup is normally distributed with a mean of 50 gallons per day and a standard deviation of 5 gallons per day. Lead time for delivery of the syrup is normal with a mean of 4 days and a standard deviation of 2 days. The manager reorders when his inventory drops to 300 gallons. What cycle service level is implied by this policy?
Correct Answer:
Verified
Correct Answer:
Verified
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