Question: What is the average inventory? What is the average flow time? What is the required safety inventory to achieve the desired service level? What is

What is the average inventory?
What is the average flow time?
What is the required safety inventory to achieve the desired service level?
What is the required re-order point to achieve the desired service level?
Assume: Demand Rate (Throughput, R) is 200 unit/day, Order Quantity (Q) is 4,000 Lead-Time (LT) is 5 days, Average Lead-Time Demand (LTD) is 1,000 unit, Lead-Time Demand Standard Deviation (STD) is 100 units, Re-Order Point (ROP) is 1,200 units Assume: Demand Rate (Throughput, R) is 200 unit/day, Order Quantity (Q) is 4,000 Lead-Time (LT) is 5 days, Average Lead-Time Demand (LTD) is 1,000 unit, Lead-Time Demand Standard Deviation (STD) is 100 units, Re-Order Point (ROP) is 1,200 unitsStep by Step Solution
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