safety stock formular

safety stock formular

Closed - This job posting has been filled and work has been completed.

Job Description

I need a mathematician who is able to develop an algorithm for a specific safety stock calculation issue.

The parameters are the following:
Safety stock should be calculated for an in-house production of chemical batches, running in production campaigns.
Campaign duration needs to be determined by monthly demand which is given (and also the historical forecast error), batch size for 1 batch is fix, a production wheel is given (the sequence, not the duration)

i.e.: Production of 10 batches each 1 ton during 5 days, campaign is repeated every 30 days

Please feel free to ask for more details

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Skills: mathematics