Question: Suppose that for a given inventory situation, average annual demand is 1,000 and the EOQ is 100. Demand during a lead time is random and

Suppose that for a given inventory situation, average annual demand is 1,000 and the EOQ is 100. Demand during a lead time is random and is described by the probability distribution in Table 12. For a reorder point of 30 units, determine SLM1 and SLM2.

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