What is the stock out probability

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Reference no: EM133345789

Question: A product's demand in each period follows a Normal distribution with mean of 60 and standard deviation of 10. The order up to level S is 204. The lead time is 2 period. What is the Expected on hand inventory ? Show all formulas, calculations and results as needed.

What is the stock out probability ? Show all calculations, formulas and results

Reference no: EM133345789

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