Multiple Choice
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
Correct Answer:
Verified
Correct Answer:
Verified
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