Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 26, 2024

If demand is normally distributed with mean demand ( = 2 5 ) units / day , your average lead time is 5

If demand is normally distributed with mean demand

\ (= 25 \)

units

/

day

,

your average lead time is

5

days, and your standard deviation of demand

\ (= 3 \)

units

/

week

,

what is your reorder point? Assume your desired CSL is

\ (95 \ % \) 136 115 140 130

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Recommended Textbook for

Hospitality Law Managing Legal Issues In The Hospitality Industry

Authors: David K Hayes, Stephen C Barth

3rd Edition

047008376X, 9780470083765

More Books

Students also viewed these General Management questions

Question

★★★★★

1.You are a developer at company xyx. You have been asked to improve the responsiveness of your WPF application. Which solution best fits the requirements? a.Use the BackgroundWorker class. b.Use the...

Answered: 1 week ago

Question

★★★★★

We discussed two factors that influence whether women and men differ with respect to self-confidence in achievement settings. Keeping these factors in mind, think of a concrete situation in which...

Answered: 1 week ago

Question

★★★★★

3. These are the victims radios.

Answered: 1 week ago

Question

★★★★★

Restate the following question component of the issue in a persuasive manner. A. "should the evidence be suppressed when . . . ?" In the case, the police failed to obtain a search warrant prior to...

Answered: 1 week ago

Question

★★★★★

What would happen to the TAIC if your LED supplier now imposes a minimum order quantity of 2 5 , 0 0 0 ? Round answers to the nearest whole number. Inventory holding costs will ( increase / decrease...

Answered: 1 week ago

Question

★★★★★

21) What is the IRR of the following set of cash flows? Year/ Cash Flow A 0/ -$61,300.00 1/ $18,900.00 2/ $64,500.00 3/ $17,600.00 A) 17.78 percent B) 29.34 percent C) 24.95 percent D) 22.39 percent...

Answered: 1 week ago

Question

★★★★★

Lann works for Talbert Electronics. As a shared employee, Lann works in the manufacturing department and has been trained to work the sales counter when needed. During this period Lann was asked to...

Answered: 1 week ago

Question

★★★★★

4. The June transactions of Dave Mac for Speedy Delivery Service are given below. Use the following Chart of Accounts: Current Assets - 101 to 103 101 Cash 102 Accounts Receivable 103 Office Supplies...

Answered: 1 week ago

Question

★★★★★

SCHEDULE C (Form 1040) Department of the Treasury Internal Revenue Service Name of proprietor Janice Morgan Profit or Loss From Business (Sole Proprietorship) Go to www.irs.gov/ScheduleC for...

Answered: 1 week ago

Question

★★★★★

13-1. The following wind measurements by bin are given for a proposed wind turbine location. Assume the air has a density of 1.15 kg/m. Wind Speed (m/s) Bin Minimum Maximum Hours/year 1 0.0 0.0 80 23...

Answered: 1 week ago

Question

★★★★★

Icebreaker Company (a U.S.-based company) purchases materials from a foreign supplier on December 1, 2020, with payment of 10,000 dinars to be made on March 1, 2021. The materials are consumed...

Answered: 1 week ago

Previous Question Next Question