For a Continuous Review Policy, If the Standard Deviation of Replenishment

question 38

Short Answer

For a continuous review policy, if the standard deviation of replenishment lead time is 171.58 units and 266 units of safety stock are held, what is the implied order-cycle service level?

---

Definitions:

Wagner Act

A foundational piece of labor legislation in the United States, officially known as the National Labor Relations Act of 1935, which guarantees workers the right to organize into unions and bargain collectively.

Paper Entrepreneurs

Individuals or entrepreneurs who primarily deal with knowledge, information, or intellectual properties rather than tangible products.

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.

Workers' Pay

Compensation or salary received by employees for their labor or services provided to an employer.