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Exercise 8H: The daily demand for a product follows to a normal distribution with mean equal to 20 units and standard deviation is about 4

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Exercise 8H: The daily demand for a product follows to a normal distribution with mean equal to 20 units and standard deviation is about 4 units. The review period is 30 days, and lead time is 10 days. Management has set a policy of satisfying 96 percent of demand from items in stock. At the beginning of the review period there are 200 units in inventory. a. What safety stock level do you recommend? b. What is the Targeted Inventory level? c. How Many units should be ordered

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