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Posted on May 17, 2024

The Reorder Point in a Continuous Review policy with a service level of 95% is the quantity that covers 95% of the bell curve

The Reorder Point in a Continuous Review policy with a service level of 95% is the quantity that "covers" 95% of the bell curve - or, technically speaking, is the 95th percentile of the bell curve - that describes the demand over an interval of time equal to the lead time the lead time plus the period

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