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For an SKU, the standard deviation of demand during the lead time is 1 5 0 units, the annual demand is 1 0 , 0
For an SKU, the standard deviation of demand during the lead time is units, the annual demand is units, and the order quantity is units. Management says it will tolerate only one stockout per year. What safety stock should be carried? What is the average inventory? If the lead time is three weeks, what is the order point?
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Applied Wildlife Habitat Management
Authors: Roel R. Lopez, Michael L. Morrison, Israel D. Parker
1st Edition
9781623495022
