Question: A company is using a product with a daily average demand of 500 units and a daily standard deviation of 50. The ordering lead time
A company is using a product with a daily average demand of 500 units and a daily standard deviation of 50. The ordering lead time for this product is 9 business days and the targeted service level is 95%. The reorder point for this product is approximately Select one:
a. 3785 units.
b. 4500 units.
c. 4627units.
d. 4747units.
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