Target service level, Question: What is the safety stock (in units) if the target service, Accounting Basics

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Target service level

Problem:

In a fixed order quantity system (q-system), the daily demand for a product is approximately normally distributed with a mean of 75.7 and a standard deviation of 4.1 units. The order lead time is 12 days.

Required:

Question: What is the safety stock (in units) if the target service level is 90.99%?

Note: Please show the work not just the answer.

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Accounting Basics: Target service level

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