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2 . Consider a company that experiences uncertain demand and lead times for a particular product. The average demand for the product is 1 0
Consider a company that experiences uncertain demand and lead times for a particular product. The average demand for the product is units per week, with a standard deviation of units. The average lead time is weeks, with a standard deviation of week. The company aims for a service level of
Calculate the safety stock required to meet the company's service level target. Use the standard normal distribution.
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