The forecasted mean daily demand for a product is 5210 units, the mean lead time is 8 days, and the standard deviation of forecast error during lead time is 1235 units. What is the service level for this product when the reorder point is 45130 units?

		2.79%
		77.94%
		99.74%
		None of the above

2 points

QUESTION 51

A product has a mean demand of 50 with a standard deviation of 4. If the retailer wants to maintain a 99% customer service, how many units will they need to keep in stock?

		54
		59
		98
		62