Question
In the past 150 periods demand has been as below. It has never been less than 100 or more than 750, but it is not
In the past 150 periods demand has been as below. It has never been less than 100 or more than 750, but it is not equally likely to be each outcome. We calculate our target Service Level to be 75%. What is our optimal strategic inventory plan?:
| Demand | Frequency |
| 100 | 3 |
| 150 | 8 |
| 200 | 10 |
| 250 | 9 |
| 300 | 12 |
| 350 | 15 |
| 400 | 18 |
| 450 | 25 |
| 500 | 14 |
| 550 | 5 |
| 600 | 8 |
| 650 | 7 |
| 700 | 6 |
| 750 | 10 |
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The Management System Auditors Handbook
Authors: Joe Kausek
1st Edition
087389670X, 978-0873896702
