Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 5 weeks and a standard deviation of 1 week. Demand is also a variable and normally distributed with a mean of 225 cigars per week and a standard deviation of 26 cigars. Refer to the standard normal table for z-values. This exercise contains only parts a and b. a) For a 95% service level, what is the ROP? Z-Table The reorder point is cigars (round your response to the nearest whole number). > Z Pr(Z) 0.38 65 0.50 69 0.67 75 0.84 80 1.04 85 1.28 90 1.41 92 1.56 94 1.65 95 1.75 96 1.88 97 2.06 98 2.33 99 Print Done Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 5 weeks and a standard deviation of 1 week. Demand is also a variable and normally distributed with a mean of 225 cigars per week and a standard deviation of 26 cigars. Refer to the standard normal table for z-values. This exercise contains only parts a and b. a) For a 95% service level, what is the ROP? Z-Table The reorder point is cigars (round your response to the nearest whole number). > Z Pr(Z) 0.38 65 0.50 69 0.67 75 0.84 80 1.04 85 1.28 90 1.41 92 1.56 94 1.65 95 1.75 96 1.88 97 2.06 98 2.33 99 Print Done
Expert Answer:
Posted Date:
Students also viewed these general management questions
-
The number of desks in one row is 5d + 2. How many desks are there in a room of 2d - 1 rows if they are arranged in a rectangular arrangement?
-
Diamond Inc. is an Internet retailer of woodworking equipment. Customers order woodworking equipment from the company, using an online catalog. The company processes these orders and delivers the...
-
1. Which barriers to entry contributed most to Tata Motors lack of success with the original Nano? 2. Which macroenvironment factors did Tata Motors consider when adjusting the marketing and...
-
Briefly explain the importance of the following parameters in a queuing model of a computer system: (a) number of job classes, (b) arrival pattern of job, and (c) service time distribution.
-
Figure is a system flowchart for P. Miesing and Companys purchase order event. Prepare a narrative to accompany the flowchart describing this purchase order event. Include in your narrative the...
-
Is the following an example of theoretical probability or empirical probability? A fisherman notes that eight out of ten times that he uses a certain lure he catches a fish within an hour. He...
-
Consider the curve y = tanz between the origin and the point (,1). a) Set up the integral that would be used to determine the arclength of the curve between origin and the point (,1). b) Use your...
-
During Weeks 5-8, you will plan and carry out a Fieldwork Project in the tradition of ethnomusicology. The subject of the Fieldwork Project could be anything from a colleague who plays acoustic...
-
1 I think the most important sentence in the Ackerlof profile you read for questions 5-7 is "A person without a job loses not just his income but often the sense that he is fulfilling the duties...
-
read the following article: Boyle, M. A., Augustine, J. J., Garton, E. M., Sharp, D. S., & Mansfield, H. M. (2022). Incorporating noncontingent reinforcement into functional communication training....
-
There are many different ways to add capacity. List several of these and discuss when each would be appropriate.
-
-Discuss the role of policies and procedures for outlining communication responsibilities and provide two (2) examples of human resource communication responsibilities. - Read the following case...
-
Which of the following is correct? A tax burden: a. falls more heavily on the side of the market that is less elastic b. falls more heavily on the side of the market that is more elastic. c. falls...
-
Access the Federation of Tax Administrators Internet site at www. taxadmin.org/state-tax-forms and indicate the titles of the following state tax forms and publications: a. Minnesota Form M-100 b....
Study smarter with the SolutionInn App