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The monthly sales of mufflers follow the normal distribution with a mean of 1270 and a standard deviation of 265. The manufacturer would like to
The monthly sales of mufflers follow the normal distribution with a mean of 1270 and a standard deviation of 265. The manufacturer would like to establish inventory levels such that there is only a 4% chance of running out of stock. Refer to the table below:
Where should the manufacturer set the inventory levels?(Round the final answer to the nearest whole number.)
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