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Please help. Ralph's Coolant Supplies has decided to recalculate the safety stock for its antifreeze coolant. On average, this company sells 200 bottles of antifreeze
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Ralph's Coolant Supplies has decided to recalculate the safety stock for its antifreeze coolant. On average, this company sells 200 bottles of antifreeze coolant a day. The standard deviation of demand for the coolant is 5 units. If the company has set a service level of 95%, how much safety stock should Ralph hold?
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