Question: A new logistics analyst has approached you regarding a potential problem. Her analysis indicates the cost of a back order is $ 5 0 for
A new logistics analyst has approached you regarding a potential problem. Her analysis indicates the cost of a back order is $ for our Autographed Footballs, but she is not sure what the appropriate safety stock should be Given this back order cost, what probability of a stock out would be appropriate to use to manage the inventory levels?
Football cost $
Annual Demand units
Order Placement Costs per Order $
Cost to hold the item per year
Economic order quantity
Lead Time weeks
Standard Deviation of Forecasted Demand During Lead Time
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