Question: Use Exhibit 1 to estimate the average and standard deviation of monthly demand using all the data from the 5 years. What is the safety

Use Exhibit 1 to estimate the average and standard deviation of

monthly demand using all the data from the 5 years. What is

the safety stock to be maintained by the sales and distribution division

for a service level of 95%? What is the reorder point? EXHIBIT

  1. Use Exhibit 1 to estimate the average and standard deviation of monthly demand using all the data from the 5 years. What is the safety stock to be maintained by the sales and distribution division for a service level of 95%? What is the reorder point?

EXHIBIT 3: COST DATA AVAILABLE FOR COCOA BUTTER Source: Company records. EXHIBIT 4: COST DATA AVAILABLE FOR DARK CHOCOLATE EXHIBIT 2: COST DATA AVAILABLE FOR COCOA POWDER EXHIBIT 1: DEMAND FOR SEVEN STAR (NUMBER OF CARTONS SOLD) EXHIBIT 5: COST DATA AVAILABLE FOR DRY-FRUITS AND NUTS

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