Business
Business, 01.08.2020 02:01, CMCM5295

A product has a normally distributed usage with an average daily demand of 400 units and a daily standard deviation of 50 units. Currently, the lead time for the item is 5 days and the company maintains a 95% service level for the product. If the lead time can be reduced to 4 days, what happens to safety stock if the company wants to maintain a 95% service level

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A product has a normally distributed usage with an average daily demand of 400 units and a daily sta...

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