Find the service level, A news-stand buys a weekly magazine

Find the service level

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Reference no: EM131876638

A news-stand buys a weekly magazine from a publisher once every week at $3 per copy. It sells the magazine at $5 per copy. Unsold copies are sold to a salvage company at $1 per copy.

The weekly demand for the magazine is normally distributed with mean of 3000 and std dev. Of 100.

Find:

a) The service level

b) Weekly order quantity.

Reference no: EM131876638

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