Question: If the demand for an item is Normally distributed with a mean of 500 units a month and standard deviation of 50 units. The company

If the demand for an item is Normally distributed with a mean of 500 units a month and standard deviation of 50 units. The company check stock every 6 months and lead time is constant at 3 month. The company use an ordering policy that gives a 95 per cent service level A Safety stock is units. B. The target stock level should be C. If stock on hand is 1500 units the order size should be units Note: refer to the table in page 175 in your textbook for Z value

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