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Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period is 10

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Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period is 10 days and the lead time is 6 days. At the time of review there are 50 units in stock. If 98 percent service probability is desired, how many units should be ordered?


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Operations and Supply Chain Management

Operations and Supply Chain Management

ISBN: 978-0078024023

14th edition

Authors: F. Robert Jacobs, Richard Chase

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Question Posted: April 09, 2014 08:07:42
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