Question: Expected demand during lead time = 300 units Standard deviation of lead time demand = 24 units a. The ROP that will provide a risk

Expected demand during lead time = 300 units

Standard deviation of lead time demand = 24 units

a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round to nearest whole number)

b. The safety stock needed to attain a 1 percent risk of stockout during lead time.(round to nearest whole number)

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