The current average daily sale of t-shirts in a retail store is 15 units, with a standard deviation of 3. Delivery time is constant from the parent company and takes 2 days. a) Find the reorder point, if management wants a 90% service level.

Sep 8, 2023

The current average daily sale of t-shirts in a retail store is 15 units, with a standard deviation of 3. Delivery time is constant from the parent company and takes 2 days.

a) Find the reorder point, if management wants a 90% service level.

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The current average daily sale of t-shirts in a retail store is 15 units, with a standard deviation of 3. Delivery time is constant from the parent company and takes 2 days. a) Find the reorder point, if management wants a 90% service level.
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