Question: Q7. If a 90% service level is expected, what level of safety stock should be held for the demand pattern shown below? Date Dec-00 Jan-01
Q7. If a 90% service level is expected, what level of safety stock should be held for the demand pattern shown below? Date Dec-00 Jan-01 Feb-01 Mar-01 Apr-01 May-01 Jun-01 Jul-01 Aug-01 Sep-01 Oct-01 Nov01 Dec-01 Demand Actual Forecast 104 100 96 100 102 100 93 100 92 100 103 100 91 100 96 100 95 100 94 100 96 100 100 102 100 101 (6 marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
