rachaels1745 rachaels1745

12-04-2024
Business

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For a given inventory item, demand averages 80 units per week, with a standard deviation of 7 units. Lead time for this item is 4 weeks. If we wanted to set a reorder point for this item that exposes to not more than a 2.5% risk of a stockout, that reorder point would be _____ units. (Round to 2 decimal places and report only the number.)

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