SafetyStocker

  • SafetyStocker
  • SafetyStocker

Detailed App Info:

  • Last Changed:Time:
  • Current Version:Version: 1.0
  • Device Type:Device: iPhone Ready
  • Category:Category: Education
  • iTunes Seller:Seller:
  • Download Size:App Size: 135.48 KB

Application Description

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Safety Stocker is a quick and easy Safety Stock Calculator.

Need to figure out the inventory needed to stay in stock? Still haven’t memorized those Z values? Misplaced your Inverse Normal tables?

Safety Stocker calculates the safety stock you need and expect based on: average demand, reorder lead time, demand volatility, lead time volatility, and required service level.

The safety stock is calculated with the following equation:
Safety Stock = Z (based on service level) * sqrt((LeadTime * Sqr(Stdev(Demand))) + (Sqr(Avg_Demand) * Sqr(Stdev(LeadTime))))

Requirements

Your mobile device must have at least 135.48 KB of space to download and install SafetyStocker app. SafetyStocker is available on iTunes for $1.99

If you have any problems with installation or in-app purchase, found bugs, questions, comments about this application, you can visit the official website of Timestar Services, LLC at http://www.timestar.com/safetystocker/support.

Copyright © 2009 Timestar Services, LLC