Explore BrainMass
Share

Explore BrainMass

    Calculating the standard deviation of demand

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    During replenishment of blue diamonds, it is shown that the average demand per period is 4 and the average lead time is 3 per period. What is the standard deviation of demand during replenishment of blue diamond if the standard deviations of demand per period and lead time are 1.2 and 1.5, respectively.

    © BrainMass Inc. brainmass.com October 10, 2019, 6:52 am ad1c9bdddf
    https://brainmass.com/business/marketing/calculating-the-standard-deviation-of-demand-559809

    Solution Summary

    Solution depicts the steps to estimate the standard deviation of demand during replenishment.

    $2.19