Business, 28.02.2020 00:49 tahmidtaj150

In your role as production planner, you have experienced too many stock outs on one particular item. This item has 348 pints of demand during the lead time and a standard deviation during the lead time of 11.4 pints. Calculate the Safety Stock assuming a 5% risk level. (Keep two decimal places in your answer which should be a percentage)

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In your role as production planner, you have experienced too many stock outs on one particular item....

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