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Author Question: A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal ... (Read 78 times)

mcmcdaniel

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on: Dec 3, 2019

Question 1

Service level is
◦ not related to the concept of stocking out.
◦ the chance of stocking out.
◦ the chance of stockpiling.
◦ calculated as the cost of a shortage divided by (the cost of overage + the cost of shortage) for single- period models.
◦ something that should be minimized in retail.

Question 2

A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 5 trays and standard deviation of 1 tray. If the owner wants a service level of at least 95% how many trays should he prepare (round to the nearest whole tray)? Assume doughnuts have no salvage value after the day is complete.
◦ 4
◦ 6
◦ 7
◦ 5
◦ unable to determine with the above information
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Marked as best answer by mcmcdaniel on Dec 3, 2019

Expo

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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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mcmcdaniel

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

AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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