Question: Please i need the correct answer for this table Use the data in the table below to answer the following questions. a. Calculate the standard
Please i need the correct answer for this table

Use the data in the table below to answer the following questions. a. Calculate the standard deviation (sigma) b. Identify the safety factor for a service level of 96% and calculate the safety stock. c. Calculate the order point if lead time is 5 days. Forecast Actual Period Demand Demand 1150 1200 2 1150 1175 3 1150 1150 1150 1150 1150 1140 1150 1125 1150 1140 1150 1150 1150 1160 10 1150 1165
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
