The demand for a particular sweater at Ann's Closet is 8 units per week, with a weekly standard deviation of 3. Ann wishes to use a reorder point that provides a 99% service level. (Zp=.99 = 2.333) . The replenishment lead time is 1 week. What reorder point should she use?
A) 8
B) 10.333, round up to 11
C) 15
D) 13.333, round up to 14
Correct Answer:
Verified
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