Question: Given the following demand information: Average weekly demand = 2 8 pairs of socks Replenishment leadtime = 2 weeks Standard deviation of demand ( weeks

Given the following demand information:
Average weekly demand =28 pairs of socks
Replenishment leadtime =2 weeks
Standard deviation of demand (weeks)=8 pairs of socks
Now assume that the weekly demand does vary and safety stock needs to be considered. A 99% service level is desired which corresponds to a z-score of 2.33. The reorder point should be set at:
approximately 83 pairs of socks
approximately 64 pairs of socks
approximately 56 pairs of socks
approximately 26 pairs of socks
Given the following demand information: Average weekly demand =28 pairs of

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