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Author Question: Jan Tuttle is the inventory manager of an art supply store. She uses a periodic review system for ... (Read 98 times)

Frost2351

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on: Apr 18, 2020
Jan Tuttle is the inventory manager of an art supply store. She uses a periodic review system for all oil paints. The number of periods between orders (P) for red #68 is 15 workdays. (The store operates 50 weeks per year, five workdays per week.) Additional information concerning red #68 follows.

Demand = 30 units/workday
Standard deviation of daily demand = 4 units/workday
Lead-time = 7 workdays
Desired cycle-service level = 85%
A normal distribution table is appended to this exam.

What is the target inventory level T for red #68?
◦ Greater than 600 but fewer than or equal to 650
◦ Greater than 550 but fewer than or equal to 600
◦ Greater than 650
◦ Fewer than or equal to 550
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
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Marked as best answer by Frost2351 on Apr 18, 2020

bobsmith

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Reply #1 on: Apr 18, 2020
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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Frost2351

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Reply 2 on: Apr 18, 2020
Excellent

Jossy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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