Production/Oper MANAGEMENT
Average daily sales of muffins in Michaels store is 8 units. The actual number of sales each day is either 7, 8, or 9, with probabilities 0.3, 0.4, or 0.3, respectively. The lead time for delivery averages 4 days, although the time may be 3, 4, or 5 days, with probabilities of .2, .6, and […]
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