Question: 2 . Consider a company that experiences uncertain demand and lead times for a particular product. The average demand for the product is 1 0
Consider a company that experiences uncertain demand and lead times for a particular product. The average demand for the product is
units per week, with a standard deviation of
units The average lead time is
weeks with a standard deviation of
week The company aims for a service level of
Calculate the safety stock required to meet the company's service level target. Use the standard normal distribution.
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