Demand for a particular part is either 1, 2, 3, or 4 units per day distributed as follows. Resupply time is a constant 1
Posted: Fri Jul 01, 2022 9:09 am
Demand for a particular part is either 1, 2, 3, or 4 units per day distributed as follows. Resupply time is a constant 1 day. (1, 60%), (2, 30%), (3, 7%), (4, 3%) a. How much inventory should be kept for a 90% service level? b. How much inventory should be kept for a 98% service level?