Given This Information Lead Time Demand 600 Pounds Standard Deviation Of Lead Ti
Given this information:Lead-Time demand = 600 poundsStandard deviation of lead time demand = 52 pounds (assume normality)Acceptable stockout risk during lead time = 4 percenta. What amount of safety stock is appropriate?b. When should this item be reordered?c. What risk of stockout would result from a decision not to have any safety stock?
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