Question: Demand for an inventory item is expected to be 10 units per day and it takes 12 days to deliver a product after the order
Demand for an inventory item is expected to be 10 units per day and it takes 12 days to deliver a product after the order was placed.
The required service level is at 3 standard deviations
If the standard deviation of demand during the lead time is 40,
What is the reorder level?
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