Question: For a given inventory item, demand averages 70 units per week, with a standard deviation of 6 units. Lead time for this item is 9

For a given inventory item, demand averages 70
For a given inventory item, demand averages 70 units per week, with a standard deviation of 6 units. Lead time for this item is 9 weeks. If we wanted to set a reorder point for this item that exposes to not more than a 5% risk of a stockout, that reorder point would be _____ units. (Round to 2 decimal places and report only the number.)

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