Vietjet Air needs to manage its stock of spare parts better From their historical purchasing data, the demand during lead time follows a normal distribution with a mean of 1000 units and a standard deviation of 100 units The CEO only accepts the stockout risks of 1 percent Calculate the reorder po...

To calculate the reorder point for Vietjet Air we need to consider the lead time demand and the safety stock The safety stock is the buffer inventory that is held to protect against unexpected fluctua ...

Vietjet Air needs to manage its stock of spare parts better. From their historical purchasing data,...

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Matching Supply with Demand An Introduction to Operations Management

ISBN: 978-0073525204

3rd edition

Authors: Gerard Cachon, Christian Terwiesch

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Vietjet Air needs to manage its stock of spare parts better. From their historical purchasing data,...

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Matching Supply with Demand An Introduction to Operations Management

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