Question: Daily demand for a product is 50 units with a standard deviation of 5 units. The review period is 14 days and the lead time
Daily demand for a product is 50 units with a standard deviation of 5 units. The review period is 14 days and the lead time is 4 days. Management has set a policy of satisfying 95% of demand from items in stock. At the beginning of the review period, there are 10 units in inventory. Use the fixed-time period model to determine how many units to order. Round your answer to the nearest whole number of units. Hide hint for Question 6 q=d(T+L)+zT+LI
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