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Author Question: The purpose of safety stock is to (Read 31 times)

Wadzanai

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on: Dec 3, 2019

Question 1

Demand for dishwasher water pumps is 8 per day. The standard deviation of demand is 3 per day, and the order lead time is four days. The service level is 95%. What should the reorder point be?
◦ about 18
◦ about 38
◦ more than 40
◦ about 32
◦ about 24

Question 2

The purpose of safety stock is to
◦ protect the firm from a sudden decrease in demand.
◦ eliminate the likelihood of a stockout due to erroneous inventory tally.
◦ eliminate the possibility of a stockout.
◦ replace failed units with good ones.
◦ control the likelihood of a stockout due to the variability of demand during lead time.
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
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Marked as best answer by Wadzanai on Dec 3, 2019

manuelcastillo

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Wadzanai

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Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review

DylanD1323

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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