Question: Devon's superstore stocks Devon's energy drink, an item that has a normally distributed average daily demand of 4 with a standard deviation of 1. The
Devon's superstore stocks Devon's energy drink, an item that has a normally distributed average daily demand of 4 with a standard deviation of 1. The lead time is 3 days. If it is desirable to experience a stockout only 5 percent of the time, what is the appropriate safety stock? Round your answer 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
