Daily demand for a product is 60 units with a standard deviation of 10 units. The review
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Daily demand for a product is 60 units with a standard deviation of 10 units. The review period is 10 days, and lead time is 2 days. At the time of review there are 100 units in stock. If 98 percent service probability is desired, how many units should be ordered?
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Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
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