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Business, 18.03.2021 01:30 eddielberrios

The lead time with the supplier currently averages 3 weeks, with a standard deviation of 1.2 weeks. The average weekly demand is 24, with a standard deviation of 8 workbenches. What is the safety stock and reorder point, of Krafty City wants to provide a 95% customer service level (i. e. 19 customer orders out 20 fulfilled immediately, from stock; and only one customer out of 20 put on backorder)

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