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Stella's Stunning Shop sells cowboy hats that tend to be quite popular with tourists. Stella being a busy manager uses periodic inventory review to
Stella's Stunning Shop sells cowboy hats that tend to be quite popular with tourists. Stella being a busy manager uses periodic inventory review to manage her inventory. The period for review is 12 days. For cowboy hats Stella wants to maintain a cycler service level (CSL) of 0.99. Daily demand for cowboy hats is 99 units with a standard deviation of 6. Lead time to replenish inventory is 17 days and does not vary. What is the target inventory level T for the cowboy hats? Enter your answer rounded to 2 decimal places.
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
