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Given the following information: LO 4 Expected demand during a lead time = 6 0 0 k g Standard deviation of demand during a lead
Given the following information:
LO
Expected demand during a lead time
Standard deviation of demand during a lead time
Demand during a lead time is distributed Normally.
Acceptable stockout risk during a lead time percent
a What amount of safety stock is appropriate?
b At what level of inventory should this item be reordered?
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