Question
Grey Wolf lodge is a popular 500-room hotel in the North Woods. Managers need to keep close tabs on all of the room service items,
Grey Wolf lodge is a popular 500-room hotel in the North Woods. Managers need to keep close tabs on all of the room service items, including a special pint-scented bar soap. The daily demand for the soap is 221 bars with a standard deviation of 24 bars.The lead time from the supplier is 3 days with a standard deviation of 0.5 days.The management wants to have a 88% cycle service level.
A). What is the Demand During Lead Time?
B). What is the Standard Deviation During Lead Time & Z-table Value? (Round both answers to 4 decimal places)
C). What is the Reorder point?
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Performance Analysis And Synthesis For Discrete-Time Stochastic Systems With Network-Enhanced Complexities
Authors: Derui Ding, Zidong Wang, Guoliang Wei
1st Edition
0429880022, 9780429880025
