8 operations management omas bike shop stocks a high volume item that has a normally distributed demand during the reorder period the average daily demand is 70 units the lead time is 4 days and the standard deviation of demand during the reorder peri
Thomas’ Bike Shop stocks a high volume item that has a normally distributed demand during the reorder period. The average daily demand is 70 units, the lead time is 4 days, and the standard deviation of demand during the reorder period is 15.
- How much safety stock provides a 95% service level to Thomas?
- What should the reorder point be?
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