Using the fixed time period inventory model and given an average daily demand of 300 units, 4
Fantastic news! We've Found the answer you've been seeking!
Question:
Using the fixed time period inventory model and given an average daily demand of 300 units, 4 days between inventory checks, 5 days to lead time, 1200 units of inventory on hand, a "z" of 1.96, and a variance standard demand on review and lead time for 12 units, how much should be ordered?
Related Book For
Managerial Decision Modeling Business Analytics With Spreadsheet
ISBN: 9781501515101
4th Edition
Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson
Posted Date: