Question: 1 . The daily demand experienced by small home computer assembler is normally distributed with a mean of 2 0 units and a standard deviation
The daily demand experienced by small home computer assembler is normally distributed with a mean of units and a standard deviation of units. The assembler sources the RAM for the computer from a supplier in the local market. The lead time for supply of the RAM chips is also normally distributed with a mean of days and a standard deviation of day. If the assembler desires to ensure a probability of not stocking out during lead time, compute the following: Reorder level and safety inventory.
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