Consider a continuous review inventory system demand is


Consider a continuous review inventory system. Demand is normally distributed with an average of 64,000 per month and a monthly standard deviation of 8020 units. Lead time is two weeks (assume four weeks per month). If the firm desires only a 67% cycle service level, how many units of safety stock should be held?

Solution Preview :

Prepared by a verified Expert
Operation Management: Consider a continuous review inventory system demand is
Reference No:- TGS02742938

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)