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37. Product P35 can be ordered only once every four weeks. Demand for P35 is normally distributed with weekly average of 70 units and a
37. Product P35 can be ordered only once every four weeks. Demand for P35 is normally distributed with weekly average of 70 units and a standard deviation of 5 units per week. Lead time for delivery is two weeks. Current inventory is 110 units. Using a 90% service level, determine the order-up-to level and the order quantity. Order-up-to level=436 Order quantity=326
37. Product P35 can be ordered only once every four weeks. Demand for P35 is normally distributed with weekly average of 70 units and a standard deviation of 5 units per week. Lead time for delivery is two weeks. Current inventory is 110 units. Using a 90% service level, determine the order-up-to level and the order quantity. Order-up-to level=436 . Order quantity=326
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Project Management A Managerial Approach
Authors: Jack R. Meredith, Samuel J. Mantel Jr.
8th edition
470533021, 978-0470533024
