For Suzie’s Sweetshop scenario in Problem 13, suppose that demand is normally distributed with a mean of 75 and a standard deviation of 8. How will her optimal order quantity change? Verify your result using the Excel template.
Answer to relevant QuestionsThe J&B Card Shop sells calendars featuring a different Colonial picture for each month. The once-a-year order for each year’s calendar arrives in September. From past experience the September-to-July demand for the ...MamaMia’s Pizza purchases its pizza delivery boxes from a printing supplier. MamaMia’s delivers on-average 225 pizzas each month (assume deterministic demand). Boxes cost 23 cents each, and each order costs $12.50 to ...Discuss some examples of real-life organizations that use demand management as a resource planning strategy. The MPS for product A calls for 100 units to be completed in week 4 and 200 units in week 7 (the lead time is 1 week). Spare part demand for Item B is 10 units per week. The bill of materials for product A is shown on the ...Consider the same bill of material and information in Problem #8 but assume that two of component B are needed for each A, and that the gross requirement for A is 220 units. Compute the net requirements for each item ...
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