Question: Question 3 . A shop stocks a high - volume item that has a normally distributed demand during lead time. The expected demand during lead
Question A shop stocks a highvolume item that has a normally distributed demand during lead time. The expected demand during lead time is units, and the standard deviation of demand during lead time is
a What should the reorder point that limits the probability of stockout to Also, write the Excel formula for this problem below.
b How much must be the safety stock?
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