Question: An item is managed under a continuous review inventory policy. Daily demand for the item normally distributed with a mean 26 and standard deviation 6.3.
An item is managed under a continuous review inventory policy. Daily demand for the item normally distributed with a mean 26 and standard deviation 6.3. The Lead time averages 10 days with a standard deviatio of 2.9. The target service level for the item is 95%.
What is the standard deviation of the demand during the reorder period? Enter your answer rounded to 2 decimal places.
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