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Given this information: Lead - time demand = 6 2 0 pounds Standard deviation of lead time demand = 4 9 pounds ( Assume normality.
Given this information:
Leadtime demand pounds
Standard deviation of lead time demand pounds Assume normality.
Acceptable stockout risk during lead time percent
Use Table.
a What amount of safety stock is appropriate? Round your answer to the nearest whole number.
b How much of this item should be reordered? Round your answer to the nearest whole number.
c What risk of stockout would result from a decision not to have any safety stock?
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