Consider continuous review inventory system

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Consider a continuous review inventory system. Demand is normally distributed with an average of 13,600 per month and a monthly standard deviation of 225 units. Lead time is one week (assume 4 weeks per month). If the firm desires a 97% CSL, how many units of safety stock should be held, and what re-order point) should be used? (Keep 3 decimals for the standard deviation, but round and to the nearest whole number.)

Reference no: EM13844796

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