Question

What is the annual holding cost of maintaining the level of safety stock needed to support a 1% risk?

Answer 1

Safety stock is a term used by logisticians to describe a level of extra stock that is maintained to Too much safety stock can result in high holding costs of inventory.

Answer 2

Safety stock is a term used by logisticians to describe a level of extra stock that is maintained to ... Too much safety stock can result in high holding costs of inventory . .... is the average demand during the lead time