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What is reorder point

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Reference no: EM132849354

The daily demand for your crumpets at your tea shop is normally distributed, with an average of 5 units and a standard deviation of 3 units.

The lead time for receiving a new shipment is 9 days, and it's fairly constant.

You want a 99% service level. What is your reorder point? Round your answer to the nearest integer.

Show the calculation steps

Reference no: EM132849354

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