Consider a continuous review inventory system how many, Operation Management

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Consider a continuous review inventory system how many

Consider a continuous review inventory system. Demand is normally distributed with an average of 64,000 per month and a monthly standard deviation of 8020 units. Lead time is two weeks (assume four weeks per month). If the firm desires only a 67% cycle service level, how many units of safety stock should be held?

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Operation Management: Consider a continuous review inventory system how many

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