Determination of Safety Stock

eBook (PDF), 4 Pages
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Price: $5.99
"Jack then thinks - maybe my fuel usage isn't all that evenly spread out after all. Jack assigns probabilities to his fuel usage and determines that his expected shortage is 275 gallons and his expected excess is 300 gallons. Jack says it'll cost him another $0.40 per gallon to buy the fuel down the street if he runs out (i.e., stock out cost). How much safety stock should Jack maintain? a. 6,150 gallons b. 12,490 gallons c. 1,480 gallons d. 3,003 gallons "
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Product Details

April 4, 2013
File Format
File Size
675.58 KB

Formats for this Ebook

Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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