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e Janis company lays cable for a number of utilities. The company's daily demand fo ble is normally distributed with a mean of 2050 feet
e Janis company lays cable for a number of utilities. The company's daily demand fo ble is normally distributed with a mean of 2050 feet and a standard deviation of 363 et. When cable is ordered from the supplier, it requires 7 days to arrive. 1. Janis uses an average of feet of cable during the lead time. 2. If Janis uses a 75% service level, how much safety stock will be used? 3. To provide an 83% Service Level, the Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution. 4. What is the reorder point if Janis wants to limit the probability of a stockout to 11 percent? 5. What is the approximate service level if Janis reorders when the cable inventory reaches 15,800 feet? 6. What is the reorder point if Janis only wants to provide a 13% Service Level
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