The annual demand for a notebook binder at Duncan’s Stationary Shop is 9,000 units. The owner operates her business 300 days a year and reviews the inventory once every 5 days. It takes 4 days to receive a delivery from the supplier of the notebook binder once an order is placed. The standard deviation of the daily demand is 4. How many notebook binders should the owner order each time? Target service level to 98%. Please provide the formula, at least one step of calculation, and the correct answer for full credit.
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”
The annual demand for a notebook binder at Duncan’s Stationary Shop is 9,000 units. The owner operates her business 300 days a year and reviews the…
"Do you need a similar assignment done for you from scratch? We have qualified writers to help you with a guaranteed plagiarism-free A+ quality paper. Discount Code: SUPER50!"
