13the daily demand for a product is normally distributed with a mean o
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13)The daily demand for a product is normally distributed with a mean of 80 and a standard deviation of 8. Constant lead time is 4 days. The cost of placing
an order is $20. The item costs $8and the carrying rate per year is 10% of the item cost. Determine the reorder point to satisfy 90%of the orders. (8)