Question: 2. Given the following information: [L] LO4 Expected demand during a lead time =600kg Standard deviation of demand during a lead time =52kg Demand during
![2. Given the following information: [L] LO4 Expected demand during a](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/10/671ce81d00832_676671ce81cccaaf.jpg)
2. Given the following information: [L] LO4 Expected demand during a lead time =600kg Standard deviation of demand during a lead time =52kg Demand during a lead time is distributed Normally. Acceptable stockout risk during a lead time =4 percent a. What amount of safety stock is appropriate? b. At what level of inventory should this item be reordered
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
