Discuss about the risk for various levels of safety


Discuss the below in detail:

Q: A newspaper publisher uses roughly 900 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers the paper is published Monday through Saturday Lead time is six workdays What is the appropriate reorder point quantity, given that the company desires a service level of 95 percent if that stock out risk for various levels of safety stock is as follows 1 500 feet 10 1 700 feet 05 2.100 feet 02 and 2 400 feet 01?

Request for Solution File

Ask an Expert for Answer!!
Risk Management: Discuss about the risk for various levels of safety
Reference No:- TGS02044329

Expected delivery within 24 Hours