Question: Weekly demand for a product is normally distributed with a mean of 50 and a standard deviation of 23.Demands are independent across weeks. Orders are

Weekly demand for a product is normally distributed with a mean of 50 and a standard deviation of 23.Demands are independent across weeks. Orders are placed weekly and the lead time to receive an order is 2 weeks.The company wants to hold enough product to ensure a 98% in-stock probability.

If they use an order up-to model, what base stock level should they implement? (report your answer as an integer)

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