Given: Daily demand = 50 with a standard deviation of 4, lead time = 2 days, ordering cost = $144 per order, holding cos
Posted: Fri May 20, 2022 8:11 am
Given: Daily demand = 50 with a standard deviation of 4, lead
time = 2 days, ordering cost = $144 per order, holding cost = $1
per unit per day, and safety stock of 5 units are required.
Find the service level corresponding to the safety stock. Choose
the closest answer if needed.
Group of answer choices
96%
73%
81%
99%
89%
time = 2 days, ordering cost = $144 per order, holding cost = $1
per unit per day, and safety stock of 5 units are required.
Find the service level corresponding to the safety stock. Choose
the closest answer if needed.
Group of answer choices
96%
73%
81%
99%
89%