Question: 2. Using the information in the table above and knowledge that the standard deviation of daily demand is 7 units, calculate safety stock quantities and

2. Using the information in the table above and knowledge that the standard deviation of daily demand is 7 units, calculate "safety stock" quantities and new reorder points for no stockout" probabilities of 90, 95 and 99 percent. Use EOQ Template 1. Why do firms carry safety stock given that it increases inventory cost? with security updates, fixes and improvements, choose Check for Updates f fx Check for C. B EOQ Model D Datatry M Auto calculated value Safety stock calculations 0 Annual demand Item cost per units Ordering cost per units Holding cost, annual rate Holding cost per units EOQ optimum order quantity Annual inventory cost, Leadme, dans Average daily demand Std. devo di comand Variance daily demand Sud, devoted time demand O IV/01 DIV/0! 0 0 Probability of stockout Corresponding-core Safety stock New reorder point 0.95 1.644 0.99 2.326 Operating days per year Average daily demand Lead time days Reorder point 0.0 1.212 0 O/01 DIV/01 OIV/01 DIV/01 DIV/01 Reorder point increases by quantity of safety stock, to dons not change D 5 H EOQ Model Data entry Auto calculated value Safety stock calculations OIVO Annual demand Item cost per unit, S's Ordering cost per unit, 's Holding cost, annual rate Holding cost per unit, EOG:optimum order quantity Annual inventory cost, 's Lead time, days Average daily demand Std. dev of daily demand Variance daily demand sed, dow of lead time demand DIV/ NOIV/01 Probability of note>>>>> Correspondiente >>>>>>>>>>> Safety stock >>>>>>>>>>>>>>> New reorder point>>>>>>>>>> OVO DIV/01 Operating days per year Average daily demand Lead time, day Reorder point NDIV/01 Reorder point increases by quantity of safety stock, 100 de method 2. Using the information in the table above and knowledge that the standard deviation of daily demand is 7 units, calculate "safety stock" quantities and new reorder points for no stockout" probabilities of 90, 95 and 99 percent. Use EOQ Template 1. Why do firms carry safety stock given that it increases inventory cost? with security updates, fixes and improvements, choose Check for Updates f fx Check for C. B EOQ Model D Datatry M Auto calculated value Safety stock calculations 0 Annual demand Item cost per units Ordering cost per units Holding cost, annual rate Holding cost per units EOQ optimum order quantity Annual inventory cost, Leadme, dans Average daily demand Std. devo di comand Variance daily demand Sud, devoted time demand O IV/01 DIV/0! 0 0 Probability of stockout Corresponding-core Safety stock New reorder point 0.95 1.644 0.99 2.326 Operating days per year Average daily demand Lead time days Reorder point 0.0 1.212 0 O/01 DIV/01 OIV/01 DIV/01 DIV/01 Reorder point increases by quantity of safety stock, to dons not change D 5 H EOQ Model Data entry Auto calculated value Safety stock calculations OIVO Annual demand Item cost per unit, S's Ordering cost per unit, 's Holding cost, annual rate Holding cost per unit, EOG:optimum order quantity Annual inventory cost, 's Lead time, days Average daily demand Std. dev of daily demand Variance daily demand sed, dow of lead time demand DIV/ NOIV/01 Probability of note>>>>> Correspondiente >>>>>>>>>>> Safety stock >>>>>>>>>>>>>>> New reorder point>>>>>>>>>> OVO DIV/01 Operating days per year Average daily demand Lead time, day Reorder point NDIV/01 Reorder point increases by quantity of safety stock, 100 de method

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