Expected demand during lead time 300 units standard deviation of lead time demand 24 units Use Table
Question:
Expected demand during lead time 300 units standard deviation of lead time demand 24 units Use Table Determine each of the following, assuming that lead time demand is distributed normally The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.) ROP units b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do not round Intermediate calculations. Round your answer to the nearest whole number.) Sately stock units c-1. Would a stockout risk of 2 percent require more or less safety stock than a 1 percent risk? O More O Less c-2. Would the ROP be larger, smaller, or unaffected if the acceptable risk were 2 percent instead of 1 percent? O Larger O Smaller QUnaffected Pray 28 29 Next