Question: The lead time is 4 days. Because demand is variable ( standard deviation of daily demand is 2 . 4 chairs ) , PCE has

The lead time is 4 days. Because demand is variable (standard deviation of daily demand is 2.4 chairs), PCE has decided to establish a customer service level of 90%. The store is open 300 days per year.a. What is the optimal order quantity?b. What is the safety stock?c. What is the reorder point

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