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Business, 13.05.2021 20:30 16dshah

A company wants to determine its reorder point (R). Demand is variable and they want to build a safety stock into R. If the average daily demand is 12, the lead time is 5 days, the desired service level is 97.5%, and the standard deviation of daily demand is 3, which of the following is the desired value of R? a. About 6
b. About 16
c. About 61
d. About 66
e. About 73

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