Question: Based on available information, lead time demand for PC jump drives averages 52 units (normally distributed), with a standard deviation of 6 drives. Management wants
Based on available information, lead time demand for PC jump drives averages 52 units (normally distributed), with a standard deviation of 6 drives. Management wants aa 98% service level. Refer to the standard normal table ... for z-values.
a) what value of Z should be applied? (1.28, 1.65, 1.04, 2.06)
b)how many drives should be carried as safety stock?
c) what is the appropriate reorder point?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
