Determine the order-up-to level

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Assignment:

Valentina's Pizza uses an average of 200 pounds of pepperoni each week, with a standard deviation of 25 pounds. Valentina's prides itself on offering only the best-quality ingredients and a high level of service, so it wants to ensure 98 percent probability of not stocking out on pepperoni. According to the above information, answer the following three guestions.

Assuming the restaurant adopts a periodic review policy to manage its inventory and review cycle is four weeks, determine the order-up-to level. Round your answer to the nearest integer.

Reference no: EM133696550

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