What risk of stockout would result from a decision, Operation Management

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What risk of stockout would result from a decision

Lead-Time demand = 600 pounds
Standard deviation of lead time demand = 52 pounds (assume normality)
Acceptable stockout risk during lead time = 4 percent

a. What amount of safety stock is appropriate?

b. When should this item be reordered?

c. What risk of stockout would result from a decision not to have any safety stock?

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Operation Management: What risk of stockout would result from a decision

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Operation Management: What risk of stockout would result from a decision

Reference No:- TGS091910

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Recent Questions Asked Operation Management

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Operation Management: What risk of stockout would result from a decision

Reference No:- TGS091910

Recent Questions Asked Operation Management

Q : Compute the amount of the liability that should appear

Q : Replacing damaged organs or limbs

Q : Sarbanes-oxley act problem

Q : What if its business expenses total $265,000

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Q : Values of total annual return

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