A business operating under demand uncertainty forecasted the mean annual demand and standard deviation as 1200 units and
Posted: Sun May 08, 2022 8:07 pm
A business operating under demand uncertainty forecasted the
mean annual demand and standard deviation as 1200 units and 200
units, respectively. The company decided to utilize a safety factor
level of 1.40. The lead-time from the supplier is set at 60 days.
As such, the optimum safety stock under the 360 working days
assumption is:
Show the mathematical algebra in achieving the correct final
result to get credit
mean annual demand and standard deviation as 1200 units and 200
units, respectively. The company decided to utilize a safety factor
level of 1.40. The lead-time from the supplier is set at 60 days.
As such, the optimum safety stock under the 360 working days
assumption is:
Show the mathematical algebra in achieving the correct final
result to get credit