Stockouts for particular item-calculate safety stock

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Reference no: EM131366953

Management has not been pleased with the number of stockouts for a particular item. This item has 550 pounds of demand during the lead time and a standard deviation during the lead time of 55 pounds.

Calculate the Safety Stock assuming a 4% risk level. (Keep two decimal places in your answer)

Reference no: EM131366953

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Stockouts for particular item-calculate safety stock : Management has not been pleased with the number of stockouts for a particular item. This item has 550 pounds of demand during the lead time and a standard deviation during the lead time of 55 pounds. Calculate the Safety Stock assuming a 4% risk leve..

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