The usage of letterhead paper has an approximately normal, Ask an Expert

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The usage of letterhead paper has an approximately normal distribution with a mean of 200 sheets per working day and a standard deviation of 13 sheets. Letterhead paper is ordered from a printer whose deliveries take 25 working days. The purchasing agent has established a 99% service level.

What is the safety stock (in a whole number)?

What is the reorder point (in a whole number)?

Can you find the optimal order quantity for this problem?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92489432

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