Question: 2) Solved Problem 12.8. The weekly demand for 52 flat-screen TVs at Sarah's Discount Emporium is normally distributed, with an average of 10 and a
2) Solved Problem 12.8. The weekly demand for 52" flat-screen TVs at Sarah's Discount Emporium is normally distributed, with an average of 10 and a standard deviation of 3 units. The lead time for receiving a shipment of new TVs is 1 week and is fairly constant. Determine the reorder point and safety stock for a 98% service level. (Hint: Work in terms of weeks) a. 17:7 Demand =10 flat sereons/ubek b. 17.9 Standard deviation i? c. 15;9 led hime - lwiek 3. Problem 12.51: Cynthia Knott's oyster bar buys fresh Louisiana oysters for $5 per pound and sells them for $10 per pound. Any oysters not sold that day are sold to her cousin, who has a nearby grocery store, for $3 per pound. Cynthia believes that demand follows the normal distribution, with a mean of 110 pounds and a standard deviation of 18 pounds. What is the optimal stocking level? a. 114 to 116 b. 117 to 119 c. 120 to 121
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