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Management Studies

A computer products store stocks color graphics monitors, and the daily demand is normally distributed with a mean of 1.6 monitors and a standard deviation of 0.4 monitor. The lead time to receive an order from the manufacturer is 15 days. Determine the reorder point that will achieve a :

a. 98% service level

b. 95% service level

c. 90% service level

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92593323

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