Question 1 of 30
A retail company is analyzing its sales data to optimize inventory levels across multiple locations. They have identified that the average sales per day for a specific product is 150 units, with a standard deviation of 30 units. The company wants to ensure that they maintain a 95% service level, which means they want to have enough inventory to meet demand 95% of the time. To calculate the appropriate safety stock, they decide to use the formula for safety stock based on the normal distribution. What is the minimum safety stock they should maintain for this product?
60 units
45 units
75 units
90 units

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