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A chemical company uses an average of 30 litres of a special oil a day. The...

A chemical company uses an average of 30 litres of a special oil a day. The oil is replenished when the amount on hand is 170 litres. It takes four days for an order to be received. The current stock-out risk is 9 percent. What amount of safety stock would be needed if the acceptable risk of stock-out is to be reduced to 3 percent?

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