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Question: Suppose lead time takes between 1 and 10 days, with each lead time equally likely (e.g. there is a 10% chance lead time is 1 day, a 10% chance lead time is 2 days, etc.) If daily demand is for 100 units, what reorder level will guarantee a 90% chance they don't stock out? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Category:- Management Theories
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