cenario 1 2 . 1 3 Demand = 1 0 0 , 0 0 0 units /
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Question:
cenario
Demand unitsyear
Number of days per year weeks
Standard deviation of weekly demand units
Average lead time days
Standard deviation of lead time: days
Cycleservice level
A continuous review system is used to control inventory.
A normal distribution table follows.
Use the information in Scenario If the firm decides to reduce its cycleservice level to what is the new reorder point if all other parameters remain the same for this product?
Related Book For
Operations Management
ISBN: 9781259270154
6th Canadian Edition
Authors: William J Stevenson, Mehran Hojati, James Cao
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