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What is the standard deviation of demand

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Reference no: EM131269048

In a EOQ system, the demand rate for strawberry ice cream is normally distributed, with an average of 300 pints per week. The lead time is 9 weeks. The standard deviation of weekly demand is 15 pints.

a. What is the standard deviation of demand during the 9-week lead time?

b. What is the average demand(weekly) during the 9-week lead time?

c. What reorder point results in aservice level (or safety stock) of 99 percent?

Reference no: EM131269048

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What is the standard deviation of demand : In a EOQ system, the demand rate for strawberry ice cream is normally distributed, with an average of 300 pints per week. The lead time is 9 weeks. The standard deviation of weekly demand is 15 pints. a. What is the standard deviation of demand du..
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