Continuous-review inventory system for a product.

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A company uses a continuous-review inventory system for a product. The weekly demand of the product approximately normally distributed with a mean of 706 units and a standard deviation of 30 units. Furthermore, weekly demands are independent. That is, the demand on a particular week does not related to the demand on any other week. The company buys the product from a supplier with an order lead time of 4 weeks.

What is the appropriate safety stock if the company wants to have a 96% service level?

Note: This question is in regards to Distribution of demand during lead time

Reference no: EM13781735

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