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For the RDC, plot the safety stock inventory-service tradeoff curve for service target ranging from 80% to 99%. A recent audit of the Brooklyn RDC
For the RDC, plot the safety stock inventory-service tradeoff curve for service target ranging from 80% to 99%. A recent audit of the Brooklyn RDC over the past year's performance revealed that the RDC's average safety stock had been at 7 days of supply, while an average service level of 96% was achieved. Do you think that the RDC's inventory management has been efficient? What is the magnitude of improvement that you think can be made as a result of using scientific inventory methods (e.g., what service improvement could be achieved with the same inventory levels, or how much inventory could be reduced without any service degradation)
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