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QUESTION 4 Consider the case when Sony uses a Periodic Review Policy (I, S). Sony plans to order from its supplier once in fourteen
QUESTION 4 Consider the case when Sony uses a Periodic Review Policy (I, S). Sony plans to order from its supplier once in fourteen business days, corresponding to a Review Period of /= 14 business days. The supplier delivers each order in a lead-time of 6 business days. Sony has an expected (average) daily demand of 150 units with a standard deviation (of daily demand) of 30 units. The management team at Sony continues to target a 93% service level. What is the appropriate safety stock (SS)? QUESTION 5 Given the appropriate safety stock (SS) and the same information as in question 4, what is the appropriate base stock (S)? 10 points Save Answer 10 points Save Answer
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