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Demand for an Item Is 1000 Units Per Week, with a Standard

question 36

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Demand for an item is 1000 units per week, with a standard deviation in weekly demand of 60 units. The lead time is 2 weeks. The company wants to maintain an 88 percent cycle- service level. Assume demand during lead time to be normally distributed. For a continuous review system, what should be the reorder point? A normal table is attached at the end of this exam.


Definitions:

Occipital Lobe

A region of the brain located at the back of the head responsible for processing visual information.

Occipital Lobe

The area of the cerebral cortex found in the brain's posterior region, tasked with handling visual data.

Body Perception

The awareness and understanding of one's own body and its position in space, often concerning body image and physical self-concept.

Fine Movements

Precise and controlled movements usually involving the coordination of small muscle groups, such as those in the fingers and hands.

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