What is the appropriate reorder-hospital, Accounting Basics

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What is the appropriate reorder-hospital

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Q: John Martin is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage? BX-5 was 150150 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 1111. Ms. Flynn would like to maintain a 98?% service level. Refer to the standard normal table below for? z-values.

a) What safety stock level do you recommend for?

b) What is the appropriate reorder?

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Accounting Basics: What is the appropriate reorder-hospital

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