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Calculate the most accurate z-score

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Reference no: EM132677172

How many units should the retailer have on-hand when they place their next order?

A retailer is ordering headphones with a lead time of 2 months. The retailer anticipates monthly demand to be 2,000 per month normally distributed with a standard deviation of 400. The retailer desires to have a 90% chance of no-stockouts.

  • When calculating the z-score, please use excel to calculate the most accurate z-score. 
  • You can also use the Standard Normal Probability Table.

Reference no: EM132677172

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