Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past ? ?year, the mean lead time demand for bandage ?

Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past ? ?year, the mean lead time demand for bandage ? ?BX - 5 ?was 6 5 ? ( and was normally ? ?distributed ) . ?Furthermore, the standard deviation for ? ?BX - 5 ?was 6 . ?Ms . ?Flynn would like to maintain a 9 0 ? % ?service level.
Z
? Pr ( Z )
0 . 3 8
6 5
0 . 5 0
6 9
0 . 6 7
7 5
0 . 8 4
8 0
1 . 0 4
8 5
1 . 2 8
9 0
1 . 4 1
9 2
1 . 5 6
9 4
1 . 6 5
9 5
1 . 7 5
9 6
2 . 0 6
9 8
2 . 3 3
9 9
What safety stock level do you recommend for ? ?BX - 5 ?
Safety stock ? = 8 ?units ? ( round your response to the nearest whole ? ?number ) .
? b ) ?What is the appropriate reorder ? ?point?
Reorder Point ? = ?enter your response here units ? ( round your response to the nearest whole ? ?number ) .

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Digital Marketing

Authors: Annmarie Hanlon

1st Edition

1526426676, 9781526426673

Students also viewed these General Management questions

Question

Is the sample selected related to the target population?

Answered: 1 week ago