Question: Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 2 units. Lead time is
Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 2 units. Lead time is fixed at four days. What is the reorder point if there is no safety stock? Your Answer: Your
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
