Question: A company is using a fixed order quantity inventory system. The lead time for replenishment deliveries is 6 weeks. The demand over a 2 week
A company is using a fixed order quantity inventory system. The lead time for
replenishment deliveries is weeks. The demand over a week period is estimated to be units, with
a standard deviation of units. Please assume that demand is normally distributed.
What is the reorder point that will provide a service level?
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