A company stocks an SKU with a weekly demand of 250 units and a lead time of
Question:
A company stocks an SKU with a weekly demand of 250 units and a lead time of 3 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 175 and the order quantity is 800 units, what is the average inventory and the order point?
LO.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
3+ Reviews
10+ Question Solved
Related Book For 
Introduction To Materials Management
ISBN: 9780132337618
6th Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive
Question Posted:
