Question: We know that demand is NOT certain. Assuming demand is normally distributed, what would you anticipate your customer service level to be if you set

We know that demand is NOT certain. Assuming demand is normally distributed, what would you anticipate your customer service level to be if you set your reorder point (ROP) equal to the average amount of demand expected during the lead time period (average DDLT)?
Cannot determine based on the above information
100%
95%
50%
 We know that demand is NOT certain. Assuming demand is normally

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!