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SafetyStocker

SafetyStocker
  • #: 11506
  • Price: $1.99 In Apple Store
  • Category: Education
  • Updated: 2009-12-10
  • Current Version: 1.0
  • 1.0
  • Size: 0.10 MB
  • Language: English
  • Seller: Timestar Services, LLC
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.1.2 or later
  • © 2009 Timestar Services, LLC
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Description

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))))

iPhone Screenshots

SafetyStocker iPhone Screenshot 1

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The information may be outdated (2011-03-27 11:06:51). For actual information go to iTunes


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