SuperStar Company sells truck to customers and annual demand for truck is 5,000 units. The store is open 360 days per ye
Posted: Thu Apr 28, 2022 2:57 pm
SuperStar Company sells truck to customers and annual demand for truck is 5,000 units. The store is open 360 days per year. Every two weeks (14 days) inventory is counted, and a new order is placed. It takes 6 days for the new trucks to be delivered to the retail store. Standard deviation of demand for the trucks is five per day. There are currently 100 trucks on hand. How many trucks should SuperStar Company order in order to "maintain a 99% probability of not stocking out (i.e., z=2.33)? 0 230 O 180 0 130 O 280