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Given this information: lead-time demand = 620 pounds Standard deviation of lead time demand = 50 pounds (Assume normality Acceptable stockout risk during lead time = 4 percent A.What amount of safety stock is appropriate? B. When should this item be reordered. C. What risk of stockout would result from a decision not to have any safety stock

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91359731

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