Lead time with a given mean and standard deviation

Reference no: EM131106411

Change the model in the file Ordering Cameras 2.xlsx slightly to allow a random lead time with a given mean and standard deviation. If the mean lead time is two weeks, and the standard deviation of lead time is half a week, find the optimal solution if the company desires a fill rate of 98.5%. Explain exactly how the company would implement this solution.

Reference no: EM131106411

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