Unlock access to all the studying documents.
View Full Document
Input data for order size = 6,000
Mean demand = 5,000
Standard deviation of demand = 2,000
Cost of overstocking, Co40.00$
Cycle service level, CSL = 0.691
Implied cost of understocking, Cu89.64$
Input data for order size = 8,000
Mean demand = 5,000
Standard deviation of demand = 2,000
Cost of overstocking, Co40.00$
Cycle service level, CSL = 0.933
Implied cost of understocking, Cu558.74$