Demand for your product averages 25 units per day, with a standard deviation of 5. Your...
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Demand for your product averages 25 units per day, with a standard deviation of 5. Your lead time is 6 days. a) What should your reorder points be, if you want to have a 90% chance of not running out of products during the lead time? b) With this reorder point, how much safety stock do you have? Demand for your product averages 25 units per day, with a standard deviation of 5. Your lead time is 6 days. a) What should your reorder points be, if you want to have a 90% chance of not running out of products during the lead time? b) With this reorder point, how much safety stock do you have?
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a To calculate the reorder point for a 90 chance of no... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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