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Author Question: Thomas' Bike Shop stocks a high volume item that has a normally distributed demand during the ... (Read 67 times)

futuristic

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on: Dec 3, 2019

Question 1

Perform an ABC analysis on the following set of products.

ItemAnnual DemandUnit Cost
A2111200$9
B390100$90
C0034500$6
D100400$150
E70735$2000
F660250$120
G4731000$90
H921100$75


Question 2

Thomas' Bike Shop stocks a high volume item that has a normally distributed demand during the reorder period. The average daily demand is 70 units, the lead time is 4 days, and the standard deviation of demand during the reorder period is 15.

a. How much safety stock provides a 95% service level to Thomas?
b. What should the reorder point be?
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Marked as best answer by futuristic on Dec 3, 2019

fauacakatahaias

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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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futuristic

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Reply 2 on: Dec 3, 2019
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
Wow, this really help

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