Question: Daily demand for a certain product is normally distributed with a mean of 60 and standard deviation of 7. The source of supply is reliable

Daily demand for a certain product is normally distributed with a

Daily demand for a certain product is normally distributed with a mean of 60 and standard deviation of 7. The source of supply is reliable and maintains a constant lead time of six days. What is the reorder point to satisfy a 95 percent probability of not stocking out during the lead time (z=1.645) ? 398 368 378 388

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