Given the Following Information:
Order Quantity = 300; $\sigma _ { d L T }$

question 29

Essay

Given the following information:
Order quantity = 300; $\sigma _ { d L T }$ = 20 units; desired lead time service level = .86.
Find:
(A) the expected number of units short per cycle
(B) the annual service level

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Definitions:

Liberties

The state in which one lives without facing harsh restrictions from those in authority on their personal behaviors, lifestyle, or political leanings.

Lords and Barons

Titles in nobility, historically associated with individuals who possess particular ranks in the feudal system, owning land and owing allegiance to a higher lord or the monarch.

English Liberty

The concept of personal freedoms and rights as traditionally protected and recognized within English common law.