Question: Demand is variable and the average demand is equal to 10 units per day, with a lead time standard deviation of demand equal to 8
Demand is variable and the average demand is equal to 10 units per day, with a lead time standard deviation of demand equal to 8 units. The order lead time is constant and equal to 7 days. You want a 92% service level (see your Z-table). What is the approximate reorder point?
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