What should their reorder point be, Financial Accounting

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What should their reorder point be

Problem

A company targets a 96% service level for a product with independent weekly demand that is normally distributed with a mean of 55 and a standard deviation of 11. They use a continuous review policy and order from a supplier with a lead time of 3 weeks. What should their reorder point be?

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Financial Accounting: What should their reorder point be

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