Question: An item is managed under a continuous review inventory policy. Daily demand for the item normally distributed with a mean 14 and standard deviation 5.1.
An item is managed under a continuous review inventory policy. Daily demand for the item normally distributed with a mean 14 and standard deviation 5.1. The Lead time averages 8 days with a standard deviatio of 2.4. The target service level for the item is 95%.
What is the level of safety stock they should carry to achieve their target service level? Enter your answer rounded to the nearest whole number
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