B A 360 Lecture Notes - Lecture 19: Perpetual Inventory, Horse Length
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D. l demand " average lead time) t zod lt. L = prop = (average daily (average lead time - ra lead time in period. " rop = 1150. 5) t 1,65 ff go5 . = 1004 units probabilistic models and in the real world the constant or known safety states and demand. Aim is to avoid stock out and maintaining with these uncertainties. Service level is the complement of stolen out lead - time we not service levels single - period ordering model only one for a. " units have no value placed order little or is product the end of at the sales period. Demand is variable and lead time is constant to = cost. " rop = (average daily demand x lead time in days) + 2- out safety stove demand. Probabilistic models lead time is variable and demand is constant. (daily demand - average lead time in days) t "t " (daily demand)