Safety stock = units (round your response to the nearest whole number).
Safety stock = units (round your response to the nearest whole number).
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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Transcribed Image Text:Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time
demand for bandage BX-5 was 70 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 7.
Ms. Flynn would like to maintain a 90% service level. Refer to the standard normal table for z-values.
a) What safety stock level do you recommend for BX-5?
Safety stock =
units (round your response to the nearest whole number).
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