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How much safety stock should they consider

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Reference no: EM132398549

Annual demand for binders at The Stationeers is 10,000 units. They operate 250 days per year. It takes 5 days to get an order from the supplier. They like to have a service level of 96%. Standard deviation of demand during lead time is 10 units.

How much safety stock should they consider?

What is the Reorder Point?

Reference no: EM132398549

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