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What should target stock level be for a 95% service level

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Reference no: EM133604979

Question: A paint shop manages their inventory using a fixed-period inventory system. The review period is two weeks and the lead time is two weeks. Weekly about 50 tubes of black paint are sold with a standard deviation of 5 units. What should the target stock level be for a 95% service level?

Reference no: EM133604979

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