The Use of The NORMSINV Function In Safety Stock Calculations
There was a question on Linked in about the use of the NORMSINV function in Excel. Initially the poster mentioned the NORMSDIST function. But for safety stock purposes, you … Read More
Tag: inventory optimization
Inventory Optimization vs. Days on hand
Why is it important to learn new techniques than banking on century old DOH measure? The Days of Supply is a thumb rule calculation used to manage inventory during the … Read More