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Lorex pharmaceuticals case study solution excel

01/04/2021 Client: muhammad11 Deadline: 2 Day

I’m trying to study for my Management course and I need some help to understand this question.

2 pages

For the Lorex case, they had to decide on what fill-target level should they set for their new drug. Even though the bottles were labeled at 10oz, it was not possible for each bottle to be exactly filled to that level. Overfill would mean waste of materials and underfill at times might have some kind of penalty. Without any prior history, Lorex decided to run a sample of 144 bottles that hopefully would help them. This is the type of decision that faces all operations all the time. What fill-target would you recommend?

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