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DGA is a retailer that specializes in digital audio devices. The week! demand faced by DGA is normally distributed with a mean of 300 units
DGA is a retailer that specializes in digital audio devices. The week! demand faced by DGA is normally distributed with a mean of 300 units and a standard deviation of 90 units. Lead-time is 2 weeks for the retailer to receive its next order. Determine the reorder point if DGA wants to limit the probability of a stock-out to 6 percent. (z=1.55)
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