Question
Question: #1. Problem A - What amount of safety stock is appropriate? Use commas. Round up to the nearest whole number if necessary. #2. Problem
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 Becky Gonzalez (a factory worker) earns $.50 for every unit she makes up to 240 units She makes an additional $.10 on every unit she makes over 200 The union contract guarantees her a minimum of $12 per hour. During one week, her hours and productivity were as follows: Hours Units Day Worked completed Monday Tuesday Wednesday Thursday Friday 205 231 189 182 1. What was Becky's gross compensation for the week? (Round to two decimals.)
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