Multiple Choice
The College Bookstore sells a unique calculator to college students.The demand for this calculator is constant at 20 units per day.The lead time for this calculator is variable at an average of 9 days with a standard deviation of 2 days.Compute the statistical reorder point that results in a 95 percent in-stock probability.Choose the closest answer.
A) 26 units
B) 46 units
C) 182 units
D) 226 units
E) 246 units
Correct Answer:
Verified
Correct Answer:
Verified
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