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Business, 16.04.2020 03:01 dice50

1. Weekly demand for smartphones at an Apple store is normally distributed, with a mean of 500 and a standard deviation of 300. Foxconn, the assembler, takes four weeks to supply an Apple order. Apple is targeting a CSL of 95 percent and monitors its inventory continuously. How much safety inventory of cell phones should the Apple story carry? What should its ROP be?

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