Problem B. Demand for one model of a PC is Poisson distributed with mean 600 per year. Replenishment lead time is 2 months. If we considered base stock policy (Q-1), what would be the reorder point need to be to achieve fill rate of 98%? Assume that each PC costs $1000. What is the resulting average inventory and the average value of inventory for this model of PC? Problem C. The attached spreadsheet shows weekly demands and receipts. Assume that the receipts are at the beginning of the week. Also assume that not satisfied demand is backlogged (rather than lost). Calculate actual fill ratio and actual service level. Hint: Remember that service level is a probability of satisfying all demand during the ordering cycle (not per period). Week Receipt 250 Demand Inventory 250 WNO 400 38 78 58 31 32 - 33 86 85 7 86 09 7 400 15 10 16 17 18 19 20 400 60 95 02 92 29 44 400 400 71 91 85 55 39 85 28 48 29 83 10 72 32 51 39 40 400 41 42 7 43 47 91 24 57 400 1 58 Problem B. Demand for one model of a PC is Poisson distributed with mean 600 per year. Replenishment lead time is 2 months. If we considered base stock policy (Q-1), what would be the reorder point need to be to achieve fill rate of 98%? Assume that each PC costs $1000. What is the resulting average inventory and the average value of inventory for this model of PC? Problem C. The attached spreadsheet shows weekly demands and receipts. Assume that the receipts are at the beginning of the week. Also assume that not satisfied demand is backlogged (rather than lost). Calculate actual fill ratio and actual service level. Hint: Remember that service level is a probability of satisfying all demand during the ordering cycle (not per period). Week Receipt 250 Demand Inventory 250 WNO 400 38 78 58 31 32 - 33 86 85 7 86 09 7 400 15 10 16 17 18 19 20 400 60 95 02 92 29 44 400 400 71 91 85 55 39 85 28 48 29 83 10 72 32 51 39 40 400 41 42 7 43 47 91 24 57 400 1 58