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    zero stock level to reorder

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    An inventory manager for a firm wants to determine the mean demand for a particular product in stock during the reorder lead time(the lag between from the time the products are ordered to the time the order is received). This information is needed to determine how far in advance of a zero stock level to reorder. Both demand and lead time are random variable, defined by the following probability distributions: (please see attached)

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    https://brainmass.com/business/business-math/zero-stock-level-reorder-361412

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    The expert determines how far in advance of a zero stock level to reorder.

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