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?
Please see response to your question as shown below.
Mean demand during lead time = 60
Standard deviation of demand during lead time = ...
Solution contains calculation of safety stock.