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.

  1. How much safety stock provides a 95% service level to Thomas?
  1. What should the reorder point be?
 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.