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retownes retownes
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7 years ago
Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 1 unit. Lead time is fixed at four days.
(a) What is the reorder point if there is no safety stock?
(b) What is the reorder point if the service level is 80 percent?
(c) How much more safety stock is required if the service level is raised from 80 percent to 90 percent?
Textbook 
Operations Management

Operations Management


Edition: 10th
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kadajikadaji
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retownes Author
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7 years ago
Thanks
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Thank you, thank you, thank you!
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2 hours ago
this is exactly what I needed
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