A what amount of safety stock is suitable? b when must this, Ask an Expert

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Lead time demand i= 600 kilograms standard deviation of lead time demand is = 52 kilograms (presume normality); Satisfactory stock out risk during lead time = 4%: a) what amount of safety stock is suitable? b) When must this item be reordered? c) What jeopardy of stock out would result from a decision not to have any safety stock?

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Business Management, Management Studies

Category:- Business Management
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