Question: Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 6 weeks and a standard deviation of 2 weeks. Demand is also a variable and normally distributed with a mean of 200 cigars per week and a standard deviation of 25 cigars.

(a) For a 90% service level, what is the ROP?

(b) What is the ROP for a 95% service level?

Step by Step Solution

★★★★★

3.35 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Both lead time and demand are variables so Equation 1217 applies in weeks Z 128 f... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

256-B-M-L-O-M (1884).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Georgia Woods, Inc., manufactures furniture to customers specifications and uses job order costing. A predetermined overhead rate is used in applying manufacturing overhead to individual jobs. In...

Halifax Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of six weeks and a standard...

A variable of a population is normally distributed with mean and standard deviation . a. Identify the distribution of x-bar. b. Does your answer to part (a) depend on the sample size? Explain your...

The daily demand for TVs at TVWorld is normally distributed with mean 400 and standard deviation100. Each time an order for TVs is placed. It takes exactly 4 days to arrive, i.e. TV orders have a...

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: lead time is normally distributed with an average of 6 weeks and a standard...

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of weeks and a standard...

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the ? ?product: Lead time is normally distributed with an average of 6 ?weeks and a standard...

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 4 weeks and a standard...

What is the answer? Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product. Lead time is normally distributed with an average of 7...

z=1.88 for 97% please solve part b Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an...

ni ar Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 5 weeks and a...

Decompose each of the following vectors with respect to the indicated subspace as v = w + z, where w W, z W¥. , W = span (b) 2 , W = span V 12 1 W= ker (-2-1 0 0 3 W = ker

11. Show that following are an entire function. f(z)= e f(z) = cosh(z) (a) (b) 12. Find the derivative of the following using Cauchy- Reimann equations: d 2z-i {[(+2=)] dz z + 2i (b) d dz z+ 2z (a)

If f ( x ) = 4 s i n x 1 c o s x , then f ' ( x ) =

Shoe Shock Innovations manufactures athletic shoe inserts that cushion the foot and reduce the impact of exercise on the joints. The company has two divisions, Sole Inserts and Heel Inserts. A...

Philip Carey Co. owned a tract of land in Plymouth Township, Pennsylvania, on which it deposited a large pile of manufacturing waste containing asbestos. Carey sold the land to Celotex, and Celotex...

The Bassos contracted with Dierberg to purchase her property for $1,310,000. One term of the contract stated, "the sale under this contract shall be closed . . . at the office of Community Title...

Star Coach, L.L.C., is in the business of converting sport utility vehicles and pickup trucks into custom vehicles. Star Coach performs the labor involved in installing parts supplied by other...

A 90% interest in Saxton Corporation was purchased by Palm Incorporated on January 2, 2011. The capital stock balance of Saxton Corporation was $3,000,000 on this date, and the balance in retained...

Apply the Kolmogorov-Smirnov test to the data in Exercise 2.

Angela is now going to evaluate a new salt process delivery system and wants to know if the upper and lower control limits at 3 standard deviations for the new system will meet the upper and lower...

What procedures would you recommend to maintain proper quality control? L 0 1

What is your analysis of the bag-weight problem? L 0 1

Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 12 percent. Year Project...

For each of the following independent cases (14), compute the missing values Case 1 Case 2 Case 3 Case 4 Beginning Raw Materials 6,800 22,000 92,000 Raw materials Purchases 53,000 11,150 51,640...

write a method will return the original string but will insert the character / / at the beginning of String b parameter, the middle of String b parameter / / and then at the end of String b parameter...