Daily demand for a certain product is normally distributed with a mean of 60 and standard deviation of 7. The source of
Posted: Sun Jul 03, 2022 5:22 pm
Daily demand for a certain product is normally distributed with a mean of 60 and standard deviation of 7. The source of supply is reliable and maintains a constant lead time of six days. What is the reorder point to satisfy a 95 percent probability of not stocking out during the lead time (z = 1.645)? 398 388 O 368 378