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A dry cleaning firm uses an average of 20 gallons of cleaning fluid a day. Usage tends to be normally distributed with a standard deviation of two gallons per day. Lead time is four days, and the desired service level is 92 percent. What amount of safety stock is appropriate if a fixed order size of 600 gallons is used?
Experimental Outcomes
Refers to the various results that could potentially occur as a result of a scientific experiment.
Steps
Sequential actions or procedures followed to accomplish a particular goal, often laid out in a process or algorithm.
Possible Outcomes
In statistics and probability, these are the different results that can arise from a particular experiment or event.
Soccer Team
A group of players who play together in the sport of soccer, competing against other teams.
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