Calculate the corresponding cycle service level

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Assignment:

OutletShop is selling shoes. Daily demand for the shoes is 180 pairs, independent from day to day and normally distributed with a standard deviation of 50. The leadtime for receiving replenishment from the supplier is 2 days. The store manager reorders when the inventory is 650. What is the z-value you need to use to calculate the corresponding cycle service level?

 

 

Reference no: EM133650054

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