Inventory management
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Linda Lechner is in charge of maintaining hospital supplies at General Hospital. During the past year the mean lead time demand for bandage BX-5 was 60. Furthermore, the standard deviation for BX-5 was 7. Linda would like to maintain a 90% service level. What safety stock level given the statistics?
A. 1
B. 9
C. 150
D. 13
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Solution Summary
Solution contains calculation of safety stock.
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Hi,
Please see response to your question as shown below.
Mean demand during lead time = 60
Standard deviation of demand during lead time = ...
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