Question: 17. Inventory: *Please note - these are new numbers from the previous problems* If the daily demand follows a normal distribution with a standard deviation

17.

Inventory:

*Please note - these are new numbers from the previous problems*

If the daily demand follows a normal distribution with a standard deviation of 5 units per day, and the lead time is 7 days, calculate the re-order point for a service level of 95% (z score is 1.65). Assume that there are 250 business days in a year and the annual demand is 1,096 units. (round to a whole number).

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