Question
Athletic Apparel is trying to determine how to manage their stock of t-shirts. For one particular size and color they have an average daily
Athletic Apparel is trying to determine how to manage their stock of t-shirts. For one particular size and color they have an average daily demand of 15 shirts, but it varies by about 3 shirts per day. Their lead time for receiving new t-shirts is 5 days. They are striving for a 97% service level What should be their safety stock for this particular t-shirt? (Display your answer to two decimal places.) Number What should be their reorder point for this particular shirt? (Display your answer to two decimal places.) Number
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