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The store manager has been told to expect weekly demand of 1000 and a standard deviation of 200. The manager will monitor the inventory periodically
The store manager has been told to expect weekly demand of 1000 and a standard deviation of 200. The manager will monitor the inventory periodically every 4 weeks. There is a replenishment lead time to the new store every 5 weeks. The desired customer service level is 95%. (z=1.64) Based on the above data, the desired safety stock is closest to
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