Question: Please use the following information for questions # 9 - 1 2 . Knights Corporation also needs to determine the proper reorder point and safety
Please use the following information for questions #
Knights Corporation also needs to determine the proper reorder point and safety stock level. You are provided with the following information:
Annual demand gallons
Lead time days
Standard deviation of lead time days
Standard deviation of daily demand gallons
Service level
Open days per year days
Knights Corporation made significant process changes and was able to remove any variation in demand and lead time variability. What is the new safety stock? Round final answer up to the nearest whole number.
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