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What are the chances that company faces a shortage

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Question 1: A product has a normally distributed demand with the average demand as 100 and the deviation around average as 10 units. Let's say that your company does not keep any safety stock. You order 120 units every time and the lead time is 1 week. Then what are the chances that your company faces a shortage and is unable to fulfil all demand?

Reference no: EM132608379

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