Normal distribution to determine safety stock for product

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A person is using the normal distribution to determine the safety stock for a product. What "z" value would be associated with a 90 percent service level?

Suppose that lead-time demand is normally distributed with a mean of 100 units and a standard deviation of 20 units. If the firm wants to maintain a 97% service level, what should the reorder point be?

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Reference no: EM13770416

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