A product is stocked for a single period onlymdashthere is, Operation Management

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A product is stocked for a single period onlymdashthere is

A product is stocked for a single period only—there is no opportunity to replace inventory. The company would like to target a service level of 0.975 for this item. If demand is believed to be normally distributed with a mean of 15,000 and a standard deviation of 5,000 than how many units should be ordered for this item?

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Operation Management: A product is stocked for a single period onlymdashthere is

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Operation Management: A product is stocked for a single period onlymdashthere is

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