Question: Statistical Reorder Point Using Probabilistic Demand and Delivery Lead Time Average daily demand ( d ) 2 3 0 units Standard deviation of daily demand

Statistical Reorder Point Using Probabilistic Demand and Delivery Lead Time
Average daily demand (d)230 units
Standard deviation of daily demand (\sigma d)20 units
Average lead time (LT)8 days
Standard deviation of lead time (\sigma LT)2 days
Service level 96%
Z-value of service level 1.75
Required safety stock units
ROP units

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