What is the calculated stockout probability

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To ensure a service level of 98%, a pharmacy uses a continuous review system for its inventory of flu vaccines. The calculated reorder point is 25 on-hand flue vaccines.

What is the calculated stockout probability?

Reference no: EM131369273

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What is the calculated stockout probability : To ensure a service level of 98%, a pharmacy uses a continuous review system for its inventory of flu vaccines. The calculated reorder point is 25 on-hand flue vaccines. What is the calculated stockout probability?
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