Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Daily demand for cat litter at the Cat Caf in Jones is 1500 ounces with a standard deviation of 300 ounces. The proprietor orders
Daily demand for cat litter at the Cat Caf in Jones is 1500 ounces with a standard deviation of 300 ounces. The proprietor orders the best cat litter money can buy online, and the average shipping time is 5 days. Of course, if the order is placed at the end of the week, then it may take a while longer to receive the shipment, so the standard deviation of lead time is 2 days. The state health department keeps a close eye on the condition of the Cat Caf; a cat-loving inspector visits at least twice a week, ostensibly to inspect, but mostly to pet his favorite Scottish Fold cat named Groundskeeper Willie. 11) Suppose the caf wishes to carry 8 days of demand as their safety inventory. What service level would they achieve?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the service level that the Cat Caf would achieve with 8 days of safety inventory we nee...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