Question: Q. 7. Management has stated that it will tolerate one stock out per year. The forecast of annual demand for a particular SKU is 52,000

Q. 7. Management has stated that it will tolerate

Q. 7. Management has stated that it will tolerate one stock out per year. The forecast of annual demand for a particular SKU is 52,000 units, and it is ordered in quantities of 2600 units, and the standard deviation of demand during lead time is 100 units. The lead time is 2 weeks. Calculate: (12 Marks) a. Number of orders for twelve months (3 marks) b. Service level (3marks) c. Safety stock (3 marks) d. The order point (3marks)

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