What is the expected on hand inventory, Operation Management

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What is the expected on hand inventory

Problem

A product's demand in each period follows a Normal distribution with mean of 60 and standard deviation of 10. The order up to level S is 204. The lead time is 2 period. What is the Expected on hand inventory? Show all formulas, calculations and results as needed.

What is the stock out probability? Show all calculations, formulas and results.

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Operation Management: What is the expected on hand inventory

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Operation Management: What is the expected on hand inventory

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