If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock? OA. 10 units OB. 8 units OC. 64 units OD. 16 units O E. Cannot be determined without lead time data.

If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock? OA. 10 units OB. 8 units OC. 64 units OD. 16 units O E. Cannot be determined without lead time data.

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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Hi, I need help solving this Operations Mgmt. problem. Thanks!

If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock?
OA. 10 units
OB. 8 units
OC. 64 units
O D. 16 units
O E. Cannot be determined without lead time data.

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