Question: Demand for widgets is normally distributed with a daily average of 5 0 units, standard deviation of 5 units. Lead time from the supplier is

Demand for widgets is normally distributed with a daily average of 50 units, standard deviation of 5 units. Lead time from the supplier is 4 days. Order costs are $100 per order. Holding cost is $3 per unit per year. Assume 250 working days per year.
Demand for widgets is normally distributed with a daily average of

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