Question
Why wouldn't a company always store large quantities of inventory to eliminate shortages and stockouts? When using safety stock, how is the standard deviation of
Why wouldn't a company always store large quantities of inventory to eliminate shortages and stockouts?
When using safety stock, how is the standard deviation of demand during the lead time calculated if daily demand is normally distributed but lead time is constant?
How is it calculated if daily demand is constant but lead time is normally distributed?
How is it calculated if both daily demand and lead time are normally distributed?
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
