Question:

#1. Problem A - What amount of safety stock is appropriate? Use commas. Round up to the nearest whole number if necessary.

#2. Problem A - What is the reorder point for this item? Use commas. Round up to a whole number if necessary.

#3. Problem B - What amount of safety stock is appropriate? Use commas. Round up to a whole number if necessary.

#4. Problem B - What is the reorder point?Use commas. No decimals.

#5. Problem B - Identify each statement as True, False, or I need more information to decide. (Assume that everything went as planned for Peerless Pies.)

The amount calculated in Question 3 represents the number of pounds of pumpkins that Peerless Pies orders at the reorder point.

[ Choose ] I need more information to decide. False True

The amount calculated in Question 3 represents the number of pounds of pumpkins that Peerless Pies has on hand at the reorder point.

[ Choose ] I need more information to decide. False True

The amount calculated in Question 3 represents the number of pounds of pumpkins that Peerless Pies has on hand when a pumpkin order is received from the supplier.

[ Choose ] I need more information to decide. False True

The amount calculated in Question 4 represents the number of pounds of pumpkins that Peerless Pies orders at the reorder point.

[ Choose ] I need more information to decide. False True

The amount calculated in Question 4 represents the number of pounds of pumpkins that Peerless Pies has on hand at the reorder point.

[ Choose ] I need more information to decide. False True

The amount calculated in Question 4 represents the number of pounds of pumpkins that Peerless Pies has on hand when a pumpkin order is received from the supplier.

[ Choose ] I need more information to decide. False True

#6. Problem C - If the stockout risk is set at 10%, what's the z factor? Enter using two decimals.

#7. Problem C - If z = 1.54, what's the risk of a stockout? Express as a percentage using % sign. Two decimals.

Problem A Acompany makes T-shirts used by local gyms. Fabric is the primary raw material. Demand is constant but the lead time for getting fabric can vary. They need Lead time from their primary vendor Standard deviation of lead time The desired level of services is 500 bolts/day 10 days 1 days 96%