Question
Your company currently keeps a safety stock of 209 units of a particular product that has a lead time of 5 days. Records indicate
Your company currently keeps a safety stock of 209 units of a particular product that has a lead time of 5 days. Records indicate that the weekly demand was as follows: 1045 1454 804 1021 731 1338 981 633 565 1239 1005 693 966 1258 1168 1227 1073 978 1424 1292 1307 826 825 875 1397 What is the current service level? Input your result as the decimal form and round to 4 dp. You are requested to recommend a safety stock that will ensure an average service level of 95%. The lead time is not expected to change. What safety stock would you recommend? (0 decimal places)
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Business Logistics Supply Chain Management
Authors: Ronald H. Ballou
5th edition
130661848, 978-0131076594, 0131076590, 978-0130661845
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