Athletic Apparel is trying to determine how to manage theri stock of t shirts. For one particular size adn color they have an average daily demand of 15 shirts, but it varies by about 4 shirts per day. Their lead time for receiving new t shirts is 3 days. They are striving for a 90% service level.
What should be their safety stock for this particular t shirt? (Display answer to 2 decimal places.)
What should be their re order point for this particular shirt? (display answer to 2 decimal places.)