Question: As an operations manager, you have learned that average weekly demand is 4 8 units per week with a standard deviation of 8 units. You
As an operations manager, you have learned that average weekly demand is units per week with a standard deviation of units. You believe that your service level should be percent. Lead time is two weeks. You do an inventory review every Friday to place an order.
a Determine the required safety stock and the target Max inventory level.
b Its Friday and you are about to place a replenishment order. Now the inventory level is units. How much do you have to order?
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