14. (**) Suppose Ollah decides to use a periodic review system to manage the free-range dog biscuits,
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14. (**) Suppose Ollah decides to use a periodic review system to manage the free-range dog biscuits, with the vendor checking inventory levels every week. Under this scenario, what would the restocking level be, assuming the same demand and lead time characteristics listed in Problem 13 and the same 95% percent service level?
(Note that because the standard deviation of weekly demand is 16, basic statistics tells us the standard deviation of demand over three weeks will be
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Introduction To Operations And Supply Chain Management
ISBN: 9780131791039
2nd Edition
Authors: Cecil C. Bozarth, Robert B. Handfield
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