Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

The consulting agency has found that the weekly demand for chlorine is normally distributed with a mean of 1,250 gallons and a standard deviation of

image text in transcribed
The consulting agency has found that the weekly demand for chlorine is normally distributed with a mean of 1,250 gallons and a standard deviation of 280. The supplier takes one week to fill an order placed by the facility. The facility currently orders 5,000 gallons when the inventory on hand drops to 2,000 What is the safety inventory, average inventory, and average flow time? Safety Inventory = 750, Average Inventory 5,750, and average flow time 4.6 weeks Safety Inventory 750, Average Inventory 3,250, and average flow time 2.6 weeks Safety Inventory 3,000, Average Inventory 5,500, and average flow time 4.4 weeks 3,750, Average Inventory 6,250, and average flow time Safety Inventory weeks 5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Surviving An OSHA Audit A Management Guide

Authors: Frank R. Spellman

2nd Edition

0367650746, 978-0367650742

More Books

Students explore these related Accounting questions