Question 3: The Trident paper company produces paper from wood pulp ordered from a lumber products firm. The paper compa

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Question 3: The Trident paper company produces paper from wood pulp ordered from a lumber products firm. The paper compa

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Question 3 The Trident Paper Company Produces Paper From Wood Pulp Ordered From A Lumber Products Firm The Paper Compa 1
Question 3 The Trident Paper Company Produces Paper From Wood Pulp Ordered From A Lumber Products Firm The Paper Compa 1 (36.12 KiB) Viewed 54 times
Question 3: The Trident paper company produces paper from wood pulp ordered from a lumber products firm. The paper company's daily demand for wood pulp is normally distributed, with a mean of 9000 pounds and standard deviation of 1900 pounds. Lead time is eight days. Determine the reorder point if the paper company wants to limit the probability of a stockout and work stoppage to 2%. [3 Marks]
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