What is the statistical safety stock

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Reference no: EM131368710

1. 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?

2. What is a system theory and how can it be used to effectively integrate an organization and aid in strategic planning?

3. Describe some of the selection criteria that a company needs to consider when choosing an ERP solution.

Reference no: EM131368710

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