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Suppose that on Monday October 21 Betty checked inventory of SKU 515 and foundthat she had 40 pounds in stock. She wants to maintain a
Suppose that on Monday October 21 Betty checked inventory of SKU 515 and foundthat she had 40 pounds in stock. She wants to maintain a 99% Service Level on thisSKU. Match the parameters below with the correct values that you compute formanaging this SKU. remember that since Demand mean and standard deviation are stated per week the standard deviation for the exposure period will have to be computed. Let X=(exposure period days / 7 days) Then of the exposure period =X *( per week)
Q1: 11 DAYS
Q2: 55 Pounds
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