Compute the probability of a shortage in order cycle

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Reference no: EM131734334

Demand for an item in a month (4 weeks/month) is itid and normally distributed with mean of 100 units and standard deviation 10 units. The lead time is 2 weeks. Suppose that the reorder point is 100. Compute the probability of a shortage in an order cycle.

Reference no: EM131734334

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