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A company purchases tires from a supplier where tires have a daily demand of 500 tires and a daily demand standard deviation of 10 ties.

A company purchases tires from a supplier where tires have a daily demand of 500 tires and a daily demand standard deviation of 10 ties. The lead time for tires averages 3 days with a 2 day standard deviation. Assume a 95% customer service level, Based on this information, what is the reorder point and round to two decimal places

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