The daily demand of a product can be specified by a normal distribution. Its average daily demand
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The daily demand of a product can be specified by a normal distribution. Its average daily demand is 250 units with a standard deviation of 40 units. The delivery lead time of this product is also normally distributed with an average of ten days and a standard deviation of three days. What are the safety stock and reorder point for a 95 percent service level? Discuss.
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Related Book For 
Matching Supply with Demand An Introduction to Operations Management
ISBN: 978-0073525204
3rd edition
Authors: Gerard Cachon, Christian Terwiesch
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