Question
In a fixed order quantity system (q-system), the daily demand for a product is approximately normally distributed with a mean of 75.7 and a standard
In a fixed order quantity system (q-system), the daily demand for a product is approximately normally distributed with a mean of 75.7 and a standard deviation of 4.1 units. The order lead time is 12 days. What is the safety stock (in units) if the target service level is 90.99%?
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
047116920X, 978-0471169208
