Question: 1 . You have been charged with developing an ordering policy for Covid - 1 9 masks to be used by Paseka School of Business
You have been charged with developing an ordering policy for Covid masks to be used by Paseka School of Business PSB students in Spring During Fall semester, we used about masks per day, with very little variation. Masks are ordered from a supplier whose shipments are irregular. They are normally distributed with a mean of working days and a variance of A percent service level is required.
a What is the mean usage during lead time?
b What is the standard deviation of usage during lead time?
c What is the reorder point?
d What is the safety stock?
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