Thomas' Bike Shop stocks a high volume item that has a normally distributed demand during lead time. The average daily d

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answerhappygod
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Thomas' Bike Shop stocks a high volume item that has a normally distributed demand during lead time. The average daily d

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Thomas' Bike Shop stocks a high volume item that has a normally
distributed demand during lead time. The average daily demand is 70
units, the lead time is 4 days, and the standard deviation of
demand during lead time is 15.
1) How much safety stock provides a 95% service level to
Thomas?
2) What should the reorder point be
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