Question: Based on available information, lead time demand for PC thumb drives averages 46 units (normally distributed), with a standard deviation of 5 drives. Management wants
Based on available information, lead time demand for PC thumb drives averages 46 units (normally distributed), with a standard deviation of 5 drives. Management wants a 98% service level. Refer to the standard normal table for z-values. What value of Z should be applied? b) How many drives should be carried as safety stock? units (round your response to the nearest whole number). c) What is the appropriate reorder point? units (round your response to the nearest whole number)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
