Mediterranean restaurant stocks a red chili table wine

Reference no: EM13338417

The Mediterranean Restaurant stocks a red Chili table wine itpurchases from a wine merchant nearby city. The daily demand forthe wine at the i rant is normally distributed, with a mean of 18and a standard deviation of 4 bottles. The wine chant sends arepresentative to check the restau wine cellar every 30 days, andduring a recent visit I were 25 bottles in stock. The lead time toreceive order is two days. The restaurant manager has request^ anorder size that will enable him to limit the probabity of a stockout to 5%.

Reference no: EM13338417

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