Question
the Jeeger is a highly perishable Burger. Unfortunately, the texture and color of the burgers are not the same after several hours, so once they
the Jeeger is a highly perishable Burger. Unfortunately, the texture and color of the burgers are not the same after several hours, so once they are prepared in the morning, they can only be sold on the same day. After the store is closed, all remaining Jegger burgers are discarded. Timothy knows you are taking SC1x and ask you for help to implement best practices in inventory management. He also provided you with the following information:
It costs 3.415 to produce each Jeeger
- Peppers sells each Jeeger for 18.95
- The daily demand of Jeegers is normally distributed with a mean of 59 and a Standard deviation of 6.
1- If you recommend preparing 49 units a day, what would be the expected number of units short under this policy?
2- What's the IFR in that case?
3- How many units should Susan prepare to maximize profit?
4- What's the expected profit if she prepares that number of units
5- What's the cycle service level offered by this policy?
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