Question: Given the following information: Expected demand during a lead time = 3 6 0 units Standard deviation of demand during a lead time = 4
Given the following information:
Expected demand during a lead time units
Standard deviation of demand during a lead time units
Demand during a lead time is distributed Normally:
Refer: zvalues.
Determine the safety stock needed to attain a percent risk of stockout during a lead time. Round the final answer to the nearest whole number:
Safety stock units
b Would a stockout risk of percent require more or less safety stock?
stock out risk Click to select Click to select SS
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
