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Weekly demand for HP printers at a Sam s Club store is normally distributed, with a mean of 2 5 0 and a standard deviation
Weekly demand for HP printers at a Sams Club store is normally distributed,
with a mean of and a standard deviation of The store manager continuously
monitors inventory and currently orders printers each time the inventory drops to
printers. Assume that the supply lead time from HP is normally distributed, with a
mean of weeks and a standard deviation of weeks. How much safety inventory should
Sams Club carry if it wants to provide a CSL of percent? How does the required safety
inventory change as the standard deviation of lead time is reduced from weeks to zero
in intervals of weeks?
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