Given: Daily demand = 50 with a standard deviation of 4, lead time = 2days, ordering cost = $100 per order, holding cost
Posted: Fri May 20, 2022 6:37 am
Given: Daily demand = 50 with a standard deviation of 4, lead time = 2days, ordering cost = $100 per order, holding cost = $1 per unit per day, and safety stock of 5 units are required. 044 Find the optimal order quantity a. 100 b. 60 c. 80 d. 200 e. 120 Q45 Find the service level corresponding to the safety stock. Choose the closest answer if needed. a. 81% b. 96% c. 73% d. 89% e. 99%