Long description

The screenshot is set up as follows:

  • The upper left quadrant of the screen shows data and results tables for Model: Demand during leadtime and its standard deviation given.

  • A tip box points to the data table and reads “The average demand and standard deviation during lead time are entered here, if available.”

  • The data table, row by row, descending, appears as follows:

    • Average demand during lead time, mu; 350

    • Standard deviation of sigma sub dlt; 10

    • Service level open parens percent of demand met closed parens; 0.95

  • The results table for this model contains formulas for Z value and safety stock.

  • The upper right quadrant of the screen shows data and results tables for Model: Daily demand

and its standard deviation are given.

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