What is the approximate value of the reorder point

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Reference no: EM13962019

Sage Lorimer runs an electronics store that sells a variety of gadgets, accessories, and general consumer electronics. The daily demand for a particular item is 21 units, the lead time is 10 days on average, the standard deviation of the lead time is 5 days, and the desired service level is 95%. What is the approximate value of the reorder point?

Reference no: EM13962019

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