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Author Question: Demand for a product is relatively constant at five units per day. Lead time for this product is ... (Read 49 times)

lracut11

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Demand for a product is relatively constant at five units per day. Lead time for this product is normally distributed with a mean of ten days and a standard deviation of three days.

a. What reorder point provides a 50% service level?
b. What reorder point provides a 90% service level?
c. If the lead time standard deviation can be reduced from 3 days to 1, what reorder point now provides 90% service? How much is safety stock reduced by this change?


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Marked as best answer by lracut11 on Dec 3, 2019

essyface1

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lracut11

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Reply 2 on: Dec 3, 2019
Excellent


ASDFGJLO

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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