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Please Answer: A local coffee shop stocks environmentally friendly to-go-cups, which is controlled by a continuous review system. Management has not decided on an appropriate
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A local coffee shop stocks environmentally friendly to-go-cups, which is controlled by a continuous review system. Management has not decided on an appropriate service level per cycle for this item. Demand is normally distributed with a mean of 230 units per day and a standard deviation of 45 units per day. Lead time is fixed at 10 days. Question 36 (2 points) Based on the local coffee shop data answer the following question: If the service level per order cycle is set at 50 percent. what should be the reorder point for this item? Question 3? (2 points) Based on the local coffee shop data answer the following question: If the service level per order cycle is set at 90.99% percent, what should be the safety stock for this item? Question 38 (2 points) Based on the local coffee shop data answer the following question: Assume that the management sets the reorder point at 2,400 units. What is the probability of having enough stock until the order you just placed arrives? O 95.33% 0 36.80% 0 53.27% C) 1.04%Step by Step Solution
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