Question
A firm experiences daily demand normally distributed with a mean of 100 units per demand standard deviation of 10 units. Lead time is 10 days.
A firm experiences daily demand normally distributed with a mean of 100 units per demand standard deviation of 10 units. Lead time is 10 days. If the firm wants to meet 90% of all demand on time, what will be the reorder point and safety stock?
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Applied Wildlife Habitat Management
Authors: Roel R. Lopez, Michael L. Morrison, Israel D. Parker
1st Edition
9781623495022
