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Order Point Example ● Daily demand = 20 units Lead time = 10 days S.D. of lead time demand = 50 units Service level = 90% Determine: 1. Safety stock 2. Order point

Order Point Example ● Daily demand = 20 units Lead time = 10 days S.D. of lead time demand = 50 units Service level = 90% Determine: 1. Safety stock 2. Order point

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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ns Animations Αν 5111 ● ... ● Search E EVE Order Point Example 111|11|3|||||1|2|11|1111 Determine: Daily demand = 20 units Lead time = 10 days S.D. of lead time demand = Service level = 90% 1. Safety stock 2. Order point Ou | | 1 | | | | | | |21|1|11131111111411 8 = 50 units
Transcribed Image Text:ns Animations Αν 5111 ● ... ● Search E EVE Order Point Example 111|11|3|||||1|2|11|1111 Determine: Daily demand = 20 units Lead time = 10 days S.D. of lead time demand = Service level = 90% 1. Safety stock 2. Order point Ou | | 1 | | | | | | |21|1|11131111111411 8 = 50 units
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