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Windowman Distribution, Inc. operates 360 days per year and uses a P-model to make inventory decisions about a replacement part for a popular residential window.
Windowman Distribution, Inc. operates 360 days per year and uses a P-model to make inventory decisions about a replacement part for a popular residential window. Daily demand has been forecast to be 300 units and the standard deviation of daily demand is 100. The order interval is 12 days and the order lead time is 4 days. Windowman currently uses a safety stock level of 500 for this part. What percentage is the approximate service level for this inventory item? Question 10 options: 89.44 99.99 92.24 84.13
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