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SUPPLY CHAIN MANAGEMENT URGENTTT!! CHS Company carries a variety of inventory items in its warehouse. For one particular item, C3435, the daily demand is normally
SUPPLY CHAIN MANAGEMENT URGENTTT!! CHS Company carries a variety of inventory items in its warehouse. For one particular item, C3435, the daily demand is normally distributed, with a mean of 35 units and a standard deviation of 3, and the lead time is normally distributed, with a mean of 3 days and a standard deviation of 1. CHS wants to follow a policy that results in stock- outs occurring only 4% of the time on any order. What is the reorder point? a) b) C) d) 154 172 177 167
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