Business, 30.05.2020 05:01 kuuleiisrad

Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal distribution with a mean of 23 gallons per week and a standard deviation of 3.5 gallons per week. The new manager desires a service level of 90 percent. Lead time is 4 days, and the dairy is open seven days a week. (Hint: Work in terms of weeks.) For this problem, we consider both continuous inventory system and periodic inventory system. If we use periodic inventory system, the time from delivery of an order until next review is 10 days (Note: this is reported in days). What is the corresponding z-value for the desired service level

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