Question: Apply an inventory management model. You are given a record of demand as well as the current inventory reorder strategy. The assignment is to make

Apply an inventory management model. You are given a record of demand as well as the current inventory reorder strategy. The assignment is to make use of the Cycle Service Level and Safety Inventory concept to see if you can improve the inventory position.

Task to be done: Spell out the problem you intend to solve, Set out the method you will use, Present the base case (i.e. their current inventory plan), Succinctly show the comparisons between the three suggested levels of CSL (called service level agreement in the case) and the base case. Make a recommendation.

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