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A retailer wants to keep a 9 5 % service level ( z = 1 . 6 5 ) for a certain consumer item. The
A retailer wants to keep a service level z for a certain consumer item. Thetotal demand over the last days has been noticed to be and a standard deviationof daily demand is Lead time is assumed to be constant at days. At what level doesthe retailer need to keep the reorderpoint?
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