Question: 1. a) What safety stock level do you recommend for BX-5? b). What is the appropriate reorder point? Barbara Flynn is in charge of maintaining
1. a) What safety stock level do you recommend for BX-5?
b). What is the appropriate reorder point?
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 75 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 6. Ms. Flynn would like to maintain a 95% service level. Refer to the standard normal table for Z-valuesStep by Step Solution
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