Question: An item is managed under a continuous review inventory policy. Daily demand for the item normally distributed with a mean 34 and standard deviation 7.1.

An item is managed under a continuous review inventory policy. Daily demand for the item normally distributed with a mean 34 and standard deviation 7.1. The Lead time averages 10 days with a standard deviatio of 2.3. The target service level for the item is 95%. What is the reorder point? Enter your answer rounded to the nearest whole number

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