Question: The demand for this calculator has a normal distribution with an average daily demand of 20 units and a standard deviation of 4 units per

The demand for this calculator has a normal distribution with an average daily demand of 20 units and a standard deviation of 4 units per day. The lead time for this calculator is very stable at 9 days. a) Compute statistical reorder point that results in a 95 percent in-stock probability (Z = 1.65). b) What is the safety stock level?

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