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A Company currently has 230 units of a product on-hand that it orders every three weeks when the salesperson visits the premises. Average demand for

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A Company currently has 230 units of a product on-hand that it orders every three weeks when the salesperson visits the premises. Average demand for the product is 20 units per day with a standard deviation of 5 units. Lead time for the product to arrive is seven days. Management has a goal of 95 percent probability of not stocking out for this product. The salesperson is due to come in late this afternoon when 210 units are left in stock. How many units should be ordered? 458 180 278 394 560 Daily demand for a product is 130 units, with a standard deviation of 30 units. The reviewer period is 14 days and the lead time is 7 days. At the time of the review, 140 units are in stock. If only a 2 percent of stocking out is acceptable, how many units should be ordered. 2872 2730 2648 2710 2823

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