Now assume that the company's demand averages 100 units per month but is no longer constant. The monthly demand is norma
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Now assume that the company's demand averages 100 units per month but is no longer constant. The monthly demand is norma
Now assume that the company's demand averages 100 units per month but is no longer constant. The monthly demand is normally distributed with mean 100. The company has been using a reorder point that provides a service level of 90%. Suppose management wants to provide a better service level and is thinking of doubling the amount of safety stock. 226 What would be the service level if the safety stock is doubled? a. 98.1% b. 99.9% c. 95.5% d. 99.5% e. 92.8%
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