Question: The Harpert Store has an exclusive contract with Brussums Electronics to sell their most popular mp 4 player. The demand of this mp 4 player
The Harpert Store has an exclusive contract with Brussums Electronics to sell their most popular mp player. The demand of this mp player is very stable at units per day. However, the delivery lead times vary and can be specified by a normal distribution with a mean lead time of nine days and a standard deviation of four days. The supply chain manager at Brussums desires to calculate the safety stock and reorder point for a percent service level instock probability
Do not round intermediate calculations. Round your answers to the nearest whole number.
Questions
What is the required safety stock at a percent service level?
What is the reorder point?
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