Oxygen is delivered to General Hospital every
Thursday. The quantity delivered is based on an order called in by the
hospital on Monday, 3 days before. The average daily usage of oxygen is 6
tanks with a standard deviation of 1.2 tanks. Determine the target
inventory level (TIL) if the hospital wishes to take no more than a 2%
chance of running out of oxygen between orders.
NEED HELP WRITING YOUR PAPER?
PLACE AN ORDER WITH US TODAY AND ENJOY A 10% DISCOUNT. USE DISCOUNT CODE: Disc10