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(Solved): Safety Stock Levels For A Product Have Been Calculated Using A Service Level Of 95%. The Annual Dema...
Safety Stock Levels for a product have been calculated using a service level of 95%. The annual demand for the product, D, is 8,000 units and the order quantity Q is 600 units. What is the probability of not having a stockout over a one-year period? Question 3 options:
126.7%
78.9%
50.5%
99.6%
95.0%
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