Given the following information what is the appropriate amount of safety stock and when should the item be reordered?Lead time average demand = 500 itemsStandard deviation of lead time demand = 48 items (assuming normality)Acceptable stock-out risk during lead time = 3%

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Given the following information what is the appropriate amount of safety stock and when should the item be reordered?
Lead time average demand = 500 items
Standard deviation of lead time demand = 48 items (assuming normality)
Acceptable stock-out risk during lead time = 3%

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