Safety Stock Formula: 4 Top Mistakes
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Күн бұрынThe usual safety stock formula Ss = z * sigma * sqrt(L) has a few drawbacks and pitfalls.
In this webinar I discuss the 4 main attention points:
- Normal assumption
- Lead times
- Cycle service level
- Policies
@joomack 2 жыл бұрын
Thanks Nicolas, this is very good. I am always a believer of Simulation, and with all the cloud computing getting more affordable, using Simulation to optimise inventory seems to be the way forward
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