Answered step by step
Verified Expert Solution
Question
1 Approved Answer
At Techcity electronic superstore, weekly demand for 6-foot usb-c cables is 15 units. The average lead time for replenishment for this item from Techcity's supplier
At Techcity electronic superstore, weekly demand for 6-foot usb-c cables is 15 units. The average lead time for replenishment for this item from Techcity's supplier is 2 week with a standard deviation of 0.46 weeks. What reorder point should Techcity use if it wants to achieve a service level of 98.5% for this item? Round your answer to the nearest integer. A. 30 B. 45 C. 15 D. 34 E. None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started