Question: What is the target inventory level for a product with average demand of 1 2 units per day, standard deviation of daily demand = 2

What is the target inventory level for a product with average demand of 12 units per day, standard deviation of daily demand =2 units/day, a lead time of 5 days, ordered periodically every thirty days. The desired service level is 60%. How much do you order, when current inventory is 100 units?

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