Question: The demand for an electronic component is normally distributed with an average daily demand of 80 units and a standard deviation of 9 units per
The demand for an electronic component is normally distributed with an average daily demand of 80 units and a standard deviation of 9 units per day. The lead time for the component is 4 days. if a service level of 90% is desired, then compute the company's EOQ and reorder point for this component.
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