Pregunta 14 17.5 pts Ross' machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $15 each, and the lead time is 2 days. The holding cost per bracket per year is $1.50, and the ordering cost per order is $18.75. There are 250 working days per year. After analyzing the costs of several options, Ross recognizes that although he knows that the lead time is 2 days and the demand per day averages 10 units, the demand during the lead time often varies. Ross has kept very careful records and has determined lead time demand is normally distributed with a standard deviation of 1.5 units. Ross has decided to use a continuous review policy. **round your solutions with 2 decimals 1. What safety stock should Ross maintain if the wants a 98% service level? 2. What is the Reorder point? 3. What is the fill rate Ross is having? percentage 2 decimals 4. What is the cost for a shortage? 5. If Ross changes his mind and start using a periodic review policy with T = 4 days, what would be the target inventory using the same CSL? 6. What would be the fill rate if he wants to use an 85% service level, and continue with the periodic review policy? percentage 2 decimals Pregunta 14 17.5 pts Ross' machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $15 each, and the lead time is 2 days. The holding cost per bracket per year is $1.50, and the ordering cost per order is $18.75. There are 250 working days per year. After analyzing the costs of several options, Ross recognizes that although he knows that the lead time is 2 days and the demand per day averages 10 units, the demand during the lead time often varies. Ross has kept very careful records and has determined lead time demand is normally distributed with a standard deviation of 1.5 units. Ross has decided to use a continuous review policy. **round your solutions with 2 decimals 1. What safety stock should Ross maintain if the wants a 98% service level? 2. What is the Reorder point? 3. What is the fill rate Ross is having? percentage 2 decimals 4. What is the cost for a shortage? 5. If Ross changes his mind and start using a periodic review policy with T = 4 days, what would be the target inventory using the same CSL? 6. What would be the fill rate if he wants to use an 85% service level, and continue with the periodic review policy? percentage 2 decimals
