A business has the following items owners equity 700000 total liabilities 1300000 assets?

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Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

Describe how to write a main idea expressed as a bottom-line statement