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    Operations and Supply Chain Management Study Set 7
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    Exam 20: Inventory Management
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    If Demand for an Item Is Normally Distributed, We Plan
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If Demand for an Item Is Normally Distributed, We Plan

Question 103

Question 103

True/False

If demand for an item is normally distributed, we plan for demand to be twice the average demand and carry 2 standard deviations worth of safety stock inventory.

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