Question: IM Systems assembles microcomputers from generic components. It purchases its color monitors from a manufacturer in Taiwan; thus, there is a long lead time of
IM Systems assembles microcomputers from generic components. It purchases its color monitors from a manufacturer in Taiwan; thus, there is a long lead time of 25 days. Daily demand is normally distributed with a mean of 3 monitors and a standard deviation of 1 monitors. Determine the safety stock and reorder point corresponding to a 90% service level. (Round answers to 2 decimal places, e.g. 25.75.)
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