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Average monthly demand: 5 0 0 units Lead time for replenishment: 2 months Desired service level: 9 5 % Standard deviation of monthly demand: 5

Average monthly demand:

500

units

Lead time for replenishment:

2

months

Desired service level:

95 %

Standard deviation of monthly demand:

50

units What options for sourcing and stock planning can Rajesh choose to avoid a stock

-

out situation in the future?

What kind of products are specialty goods? What model for inventory planning is optimal for such products?

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