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Business, 04.07.2020 01:01 LemonCT

Daily demand for a product is 170 units, with a standard deviation of 30 units. The review period is 20 days and the lead time is 6 days. At the time of review there are 40 units in stock. If 98 percent service probability is desired, how many units should be ordered?

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Daily demand for a product is 170 units, with a standard deviation of 30 units. The review period is...
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