Question: Kellys Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 gallons and a

Kelly’s Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 gallons and a standard deviation of 4 gallons. The lead time required to receive an order of beer from the local distributor is 12 days. Determine the safety stock and reorder point if the restaurant wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level were desired?

Step by Step Solution

★★★★★

3.38 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

L 12 2012 1284 sqrt 12 4... 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)

184_606feeb731518_143146.xlsx

300 KBs Excel File

Students Have Also Explored These Related Management Leadership Questions!

The daily demand for pizzas is Qd = 750 - 25P, where P is the price of a pizza. The daily costs for a pizza company initially include $50 in fixed costs (which are avoidable in the long run but sunk...

Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 gallons and a standard deviation of 4 gallons. The lead time...

Problem 13.38 Your answer is incorrect. Try again. Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 gallons and a...

=yPLUS Aute e ceken snoeuncemaran Russell, Operations Management, le CALCULATOR PRINTER VERSION BACK NEXT HT RESOURCES apter 13 roblems n 13.14 0.13.20 m 246 Problem 13.14 The Goodstone Tire Company...

Please solve Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 40 gallons and a standard deviation of 3 gallons. The...

Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 litres and a standard deviation of 4 litres. The lead time...

here is 2 questions with the same info thank you Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 litres and a...

Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 litres and a standard deviation of 4 litres. The lead time...

Showing all workings, calculate the tax payable/refundable as of 30 June 2021 for an individual with the following attributes: 35 years old. $7,000 fully franked dividend income with $3,000 of...

Describe the difference between global integration and national responsiveness. What is the principle advantage of each strategy?

Which of these is minimized in an efficient M / M / 1 system? Group of answer choices Waiting time Service rate Number of servers Arrival rate

At the time that Stellar Company issued a 2-for-1 stock split, the company had 1,000 shares of $5 par value common stock outstanding . Stockholders' equity also included $14,000 of additional paid in...

You will be using federal tax law applicable for the 2016 tax year. Therefore, I have included the 2016 forms where possible. In some cases, you have been provided 2017 forms and schedules. Please...

1. Determine the ending merchandise inventory and cost of goods sold amounts for the December financial statements using the FIFO, LIFO, and weighted-average inventory costing methods. 2. Sales...

1. Chemmart Pty Ltd (Chemmart) is a family-owned company operating chemist shops in Perth. A large proportion of the sales transactions are conducted in cash. Chemmart claims on having strong control...

When he was 65, Edward transferred his home worth $300,000 to an irrevocable trust. By the terms of the trust, Edward has the right to remain in the house for a period of four years. At the end of...

13.7 Measuring conductivity. The National Institute of Standards and Technology (NIST) supplies a "standard liciuid" whose electrical conductivity is supposed to be exactly 5. Is there reason to...

Discuss the three basic demand forecasting models.

Discuss several demand forecasting issues.

Define and describe the order cycle. Why is it considered an important aspect of customer service?

DROP DOWN OPTIONS FROM TOP TO BOTTOM: 1.) cash investments / equities and cash investments / bonds and cash investments / equities / bonds / equities and bonds 2.) equities and cash investments /...

In a sample of 75 Planter's Mixed Nuts, 12 were found to be almonds. (a) Construct a 99 percent confidence interval for the true proportion of almonds. (Use a z-value taken to three decimal places in...

AutoSave O Off) Document3 - Word Search Brandy Majewski BM X File Home Insert Draw Design Layout References Mailings Review View Help Grammarly Share Comments Week 4 Homework = Question 6 of 20 (1...