Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Given the following inventory system: average weekly (7 days a week) demand is 1000 units with a standard deviation of 85 units, the review period is 5 weeks and lead time is 14 days (2 weeks) and the target service probability is 95%.
What is the appropriate level of safety stock?
a. 314
b. 370
c. 80
d. 222
e. 1720
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