Question: Estimating Safety Inventory (Continuous Review Policy or Q model). Given: d = 2,500/week; d = 500; L = 2 weeks; Q = 10,000; Service Level
Estimating Safety Inventory (Continuous Review Policy or Q model). Given: d = 2,500/week; d= 500; L = 2 weeks; Q = 10,000; Service Level = 0.95 (i.e. Z=1.645)
What is expected demand during lead time? L=? Safety stock=? Reorder point=?
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