You place an order 4 times each year for Product A. The lead time for this product
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You place an order 4 times each year for Product A. The lead time for this product is 6 weeks. The demand during the lead time has a normal distribution with mean 400 and standard deviation 80. What is the minimum reorder point in order achieved at least 2 1/2 years between stock outs?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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