Question
In your role as production planner, you have experienced too many stock outs on one particular item. This item has 292 pints of demand during
In your role as production planner, you have experienced too many stock outs on one particular item. This item has 292 pints of demand during the lead time and a standard deviation during the lead time of 13.6 pints. Calculate the Safety Stock assuming a 5% risk level. (Keep two decimal places in your answer which should be a percentage)
Your Answer:
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Auditing and Assurance Services An Applied Approach
Authors: Iris Stuart
1st edition
73404004, 978-0073404004
