Question: Problem V . 2 . a 0 / 1 punto ( calificado ) Suppose we operate a retail store that sells hammers. Demand for hammers
Problem Va
punto calificado
Suppose we operate a retail store that sells hammers. Demand for hammers is normally distributed with average demand of mu hammers per week with a standard deviation of sigma hammers per week.
Suppose the store uses a periodic review inventory policy with a base stock policy. The review period is four weeks. The average lead time is three weeks with a standard deviation of one week. The service measure is the fill rate and the target is a fill rate.
What is the minimal base stock level to achieve the service target? Round UP to the nearest integer.
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