Question: Average daily demand is normally distributed with mean 150 and variance 256. Also, average lead time has uniform distribution between (0,10) days. Company is requesting
Average daily demand is normally distributed with mean 150 and variance 256. Also, average lead time has uniform distribution between (0,10) days. Company is requesting 95% service level in their operations (relevant z value is 1.65). What should be safety stock level?
| 254 | ||
| 1004 | ||
| 750 | ||
| 1500 | ||
| none of the above |
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