What is the required safety stock


Problem

H&C Inc. orders on a daily basis with an 8 days lead time. The standard deviation of lead time is 3 days. The average demand each day is 800 units with a standard deviation of 50 units. The holding cost per unit is $0.1 per work and the desired CSL is 97%. What is the required safety stock?

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Supply Chain Management: What is the required safety stock
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