Given this information: Lead- time demand 600 pounds Standard deviation of lead time demand 52 pounds (Assume
Question:
Given this information:
Lead- time demand 600 pounds
Standard deviation of lead time demand 52 pounds (Assume normality.)
Acceptable stockout risk during lead time 4 percent
a. What amount of safety stock is appropriate?
b. When should this item be reordered?
c. What risk of stockout would result from a decision not to have any safety stock?
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Given EDDLT 600 lb s dLT 52 lb Stock out risk 4 a Determine SS for 4 r...View the full answer
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