Multiple Choice
The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviation of 50.The lead-time for the component is 9 days.If a service level of 95% is desired then the company's reorder point for this component is approximately
A) 3,785 units.
B) 4,500 units.
C) 4,627units.
D) 4,747units.
Correct Answer:
Verified
Correct Answer:
Verified
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