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NEED IT ASAP!!! Question Completion Status: Afirm stocks a certain item, which is managed on a continuous review basis. Demand averages 230 units per day
NEED IT ASAP!!! Question Completion Status: Afirm stocks a certain item, which is managed on a continuous review basis. Demand averages 230 units per day with a standard deviation of 45 units per day Lead time is fixed at 10 day. If the firm sets the reorder point to 2400 units, the cycle service level will be approximately?(round down to 2 decimal places, and consult normal diston table). ROP - (Avg. Daily Demand rate * lead time) + safety stock Safety stock - Z std.dev. of demand * Sq Root of lead time consult normal distribution table) 0.8413 2482 units 0.7580 0.9217 Moving to another question will save this response Question 3 of 4
NEED IT ASAP!!!
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