Question: 1 . Use Exhibit 1 to estimate the average and standard deviation of monthly demand using all the data from the 5 years. What is

1. Use Exhibit 1 to estimate the average and standard deviation of monthly demand using all the data from the 5 years. What is the safety stock to be maintained by the sales and distribution division for a service level of 95%? What is the reorder point?
 1. Use Exhibit 1 to estimate the average and standard deviation

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