Question: Show your calculations. (a) Average demand m= d = 48 units/week; T = 1 week; L = 2 weeks; weekly standard deviation s =8,cycle service
Show your calculations.
(a) Average demand m=d= 48 units/week; T = 1 week; L = 2 weeks; weekly standard deviation s=8,cycle service level 98%.
Find safety stock and find order-up-to quantity S.
(b) Same data as (a), except that T=2 weeks. Find safety stock and find order-up-to quantity S.
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