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Product One is sold at a retali store for $5 per unit. Product One has a weekly demand of 2,000 units with an average lead
Product One is sold at a retali store for $5 per unit. Product One has a weekly demand of 2,000 units with an average lead time of 4 weeks and a standard deviation of lead time of 3 weeks. Based on this scenario and assuming a 95% service level, what is the reorder point value (i.e., round to two decimal places) and what is the stockout risk percentage
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