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manufacturer of 8K Curve TVs decided to close the local warehouse and ship their 8K 85 TVs directly from their overseas manufacturing facility. As a

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manufacturer of 8K Curve TVs decided to close the local warehouse and ship their 8K 85" TVs directly from their overseas manufacturing facility. As a result, it takes 6 working days for the manufacturer to fulfill any customer order. a) It is observed that during lead time, the daily demand for 8K Curve TVs can be expressed by a normal distribution with variance, g = 14.44. If AVC wants to have a minimum of 98.5% service level, what should be the safety stock for 8K-TVs? b) Continuing from part-a, at what inventory level of 8K TVS, AVC should place an order? With $750.00 procurement cost (r) per 8K TV from supplier and the answers from parts: a and b, what should be the Net Annual Inventory Cost (Modified Annual Total Inventory Cost) for this type of 8K TVs? manufacturer of 8K Curve TVs decided to close the local warehouse and ship their 8K 85" TVs directly from their overseas manufacturing facility. As a result, it takes 6 working days for the manufacturer to fulfill any customer order. a) It is observed that during lead time, the daily demand for 8K Curve TVs can be expressed by a normal distribution with variance, g = 14.44. If AVC wants to have a minimum of 98.5% service level, what should be the safety stock for 8K-TVs? b) Continuing from part-a, at what inventory level of 8K TVS, AVC should place an order? With $750.00 procurement cost (r) per 8K TV from supplier and the answers from parts: a and b, what should be the Net Annual Inventory Cost (Modified Annual Total Inventory Cost) for this type of 8K TVs

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