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Demand for a product is normally distributed with average daily demand

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Demand for a product is normally distributed with average daily demand equal to 1500 units and the daily standard deviation of demand equal to 75 units. Lead time for the item is 3 days. To maintain a service level of 95% the company must hold ______ units as safety sock for this item.

 

Paper#32602 | Written in 18-Jul-2015

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