Question: Given the following information: Expected demand during a lead time = 300 units Standard deviation of demand during a lead time = 30 units Demand
Given the following information Expected demand during a lead time a 300 units Standard deviation of demand during a lead time =30 units Demand during a lead time is distributed Normally Refer z-yalues. a. Determine the safety stock needed to attain a 2 percent risk of stockout duting a lead time. (Round the final answer to the nearest whole number.) Safety stock units b. Would a stockout risk of 5 percent require more or less safety stock? 5% stock out risk SS
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