Question: 4. Weekly demand for printers at a store is normally distributed with a mean of 250 and a standard deviation of 41. The store manager

4. Weekly demand for printers at a store is

4. Weekly demand for printers at a store is normally distributed with a mean of 250 and a standard deviation of 41. The store manager continuously monitors inventory and currently orders 6150 printers each time the inventory drops to 1,000 printers. The supply lead time is normally distributed with a mean of 2 weeks and a standard deviation of 1.5 weeks. (13 points) a. How much safety inventory should this store carry if it wants to provide a CSL of95%? b. How does the required safety inventory change as the standard deviation of lead time is reduced from 1.5 weeks to zero in intervals of 0.5 weeks? c. What fill rate does the store achieve

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

X=59 4. Weekly demand for shampoo at a supermarket is normally distributed with a mean of 250 and a standard deviation of X. The store manager continuously monitors inventory and currently orders X80...

4. Weekly demand for shampoo at a supermarket is normally distributed with a mean of 250 and a standard deviation of 2. The store manager continuously monitors inventory and currently orders 2*80...

Croma is an Indian retail chain for consumer electronics. The company currently has 25 stores located in major metropolitan areas. Weekly demand for smartphones at each store is normally distributed,...

x= 35 Weekly demand for shampoo at a supermarket is normally distributed with a mean of 250 and a standard deviation of X. The store manager continuously monitors inventory and currently orders X80...

Show me the steps to solve Inventory Management Tools Task 1 : Answer the following questions. Provide answers in a . docx file and show screen captures if you used a software tool ( such as Excel )...

yes there is but it is in the second page The M&S currently has 16 retail stores in Istanbul. Weekly demand for shorts at each store is normally distributed with a mean of 80 and a standard deviation...

3 ) Amorc is an Indian retail chain for consumer electronics. The company currently has 3 6 stores located in major metropolitan areas. Weekly demand for smartphones at each store is normally...

12. Croma is an Indian retail chain for consumer electronics. The company currently has 25 stores located in major metropoli tan areas. Weekly demand for smartphones at each store is normally...

Weekly demand for TVs at Extra stores is normally distributed, with a mean of 2 5 0 and a standard deviation of 1 5 0 . The store manager continuously monitors inventory and currently orders 1 , 4 0...

Read and familiarize yourself with the JCF classes. You may use these classes if you wish (or you are welcome to reuse your previous project code, or "roll your own" versions of these classes). Below...

2.When ethylene glycol, C2H6O2, is oxidized by acidic permanganate, the oxidation products are CO2 and H2O. When Ce(ClO4)4, is used, the product is formic acid, H2CO2. When perodic acid is used,...

A client owed an accountant $ 2 , 5 0 0 for an accounting service provided. The client believed that the services the accourtant provided cost less than $ 2 , 5 0 0 because they did not seem...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...