Question: 7.2 Average lead time demand at GE Lighting was 20,000 units. The standard deviation of lead time demand was 5,000 units. The warehouse orders a
7.2
Average lead time demand at GE Lighting was 20,000 units. The standard deviation of lead time demand was 5,000 units. The warehouse orders a 14 day supply (28,000) each time inventory is 24,000 units. 1. What is the safety inventory? 2. What is the service level for this safety inventory? 3. What is the average total inventory? 4. What is the flow time of the inventory? GE's customers are complaining about a SL=78.81%. Please evaluate the safety inventory and ROP at each service level. - Isafety=2tro - ROP=LTD+Isafety
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