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 plus add some safety stock SS
a Very close to
b About
c Between to
d Cannot be determined based on the information given
e Between to
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
