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The College Bookstore Sells a Unique Calculator to College Students

Question 4

Multiple Choice

The College 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 9 days.Compute the statistical reorder point that results in a 95 percent in-stock probability.Choose the closest answer.


A) 20 units
B) 80 units
C) 180 units
D) 200 units
E) 420 units

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