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## Finance

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The daily demand of a product can be specified by a normal distribution the average daily demand is 250 units with a standard deviation of 40" units. The order lead time for this product is also normally distributed with an average of 10 days and a standard deviation of 3 days. What is the safety stock and reorder point for a 95% in stock probability?

Basic Finance, Finance

• Category:- Basic Finance
• Reference No.:- M927301

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