Question: Based on available information, lead time demand for PC thumb drives averages 52 units (normally distributed), with a standard deviation of 6 drives. Management wants

Based on available information, lead time demand

Based on available information, lead time demand for PC thumb drives averages 52 units (normally distributed), with a standard deviation of 6 drives. Management wants a 98% service level. Refer to the for z-values. a) 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)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!