Question: Average weekly demand for free - range dog biscuits is 1 0 0 bags per week, with a standard deviation of 1 0 bags. Chloe
Average weekly demand for freerange dog biscuits is bags per week, with a standard deviation of bags. Chloe uses a continuous inventory review system to manage inventory of the biscuits. She wants to set the reorder point high enough that there is chance of running out before the next order comes in Assuming that the lead time is constant days. What is the inventory level at which the stock needs to be replenished? Keep two decimals
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