Explain well with proper answer. In a reorder point inventory problem, thestandard deviation of the annual demand is 186units, and the supply lead time is 11 days. Whatis the standard deviation of the lead timedemand? (1 year=365 days).

Answered: In a reorder point inventory problem,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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In a reorder point inventory problem, the standard deviation of the annual demand is 186 units, and the supply lead time is 11 days. What is the standard deviation of the lead time demand? (1 year=365 days).