Question: Consider the EOQ model with probabilistic demand. If the standard deviation of weekly demand is 6, mean demand is 50 per week, and the service

Consider the EOQ model with probabilistic demand.

Consider the EOQ model with probabilistic demand. If the standard deviation of weekly demand is 6, mean demand is 50 per week, and the service level is 95%, what is the safety stock? 16 units 64 units Cannot be determined without lead time data. 8 units 10 units

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