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The Injection Molding Department of a Company Uses 40 Kilograms

Question 147

Essay

The injection molding department of a company uses 40 kilograms of a powder a day.Inventory is reordered when the amount on hand is 240 kilograms.Lead time averages five days.It is normally distributed and has a standard deviation of two days.What is the probability of a stock out during lead time?

Correct Answer:

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d = 40 kilograms/day
blured image = 5 days
σLT = 2
...

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