Question: The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviation of daily demand is

The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviation of daily demand is 50 . The lead-time for the component is 9 days. If a service level of 95% is desired then the company's reorder point for this component is approximately: Note: Enter correct to 2 decimal places

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