What is the safety stock

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A fan manufacturer uses a periodic review inventory system to purchase electric motors. The review period is 2 weeks and the lead time is 1 week. Demand for electric motors is normally distributed with a mean of 500 per week and a standard deviation of 80 per week. The target inventory is 1762 motors. a) What is the safety stock? b) What service level is achieved?

Reference no: EM13224800

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