This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Daily demand for a product is normally distributed with a mean of 200 units and a standard deviation ... (Read 27 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Dec 3, 2019

Question 1

Daily demand for a product is normally distributed with a mean of 150 units and a standard deviation of 15 units. The firm currently uses a reorder point system, and seeks a 75% service level during the lead time of 6 days.

a. What safety stock is appropriate for the firm?
b. What is the reorder point?

Question 2

Daily demand for a product is normally distributed with a mean of 200 units and a standard deviation of 20 units. The firm currently uses a reorder point system, with a lead time of 4 days.

a. What safety stock provides a 50% service level?
b. What safety stock provides a 90% service level?
c. What safety stock provides a 99% service level?
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ericka1 on Dec 3, 2019

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
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.
Answer Preview
Only 45% of students answer this correctly


ericka1

  • Member
  • Posts: 544
Reply 2 on: Dec 3, 2019
Gracias!

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Box stalls in a barn or stable should be of sturdy construction and cleaned daily Box stalls in a barn or stable should be of sturdy construction and cleaned daily
General structure of eukaryotic pre-rRNA transcription units General structure of eukaryotic pre-rRNA transcription units
A Listing of Repeat Units for 10 of the More Common Polymeric Materials A Listing of Repeat Units for 10 of the More Common Polymeric Materials
How to write a quadratic equation in standard form when a graph is given How to write a quadratic equation in standard form when a graph is given
Ulnar deviation Ulnar deviation
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library