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chotard1 chotard1
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6 years ago
The UNLV Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution with an average daily demand of 20 units and a standard deviation of 4 units per day. The lead time for this calculator is very stable at 9 days. Compute the statistical reorder point that results in a 95 percent in-stock probability (Z = 1.65).
 a. 19.8 units
  b. 80 units
  c. 180 units
  d. 199.8 units
  e. 720 units
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cedd123cedd123
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6 years ago
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chotard1 Author
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6 years ago
Helped a lot
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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