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Daily demand of Dulcolax tablets in a drug store follows a normal distribution with an average demand of 50 strips of tablets and standard deviation

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Daily demand of Dulcolax tablets in a drug store follows a normal distribution with an average demand of 50 strips of tablets and standard deviation of demand equal to 20 strips. It takes 4 days to supply the order placed by the drug store. (i.e., lead time). The store wants to maintain 95% customer service level (for 95% service level, assume the value of z=1.64 ) and monitors its inventory continuously. What is the approximate re-order point level? 246 256 286 276 266 The Discount Appliance Store uses a continuous review system (Qsystem). One of the company's items has the following characteristics: Demand =10 units/week (assume 52 weeks per year). Ordering or setup cost (S)=$45 /order, Holding cost (H)=$12/ unit/year, Lead time (L)=3 weeks (constant), Standard deviation of the demand per week =8 units, Cycle-service level =90%. Compute the safety stock (round it to nearest integer). 30 18 7 48 37

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