Question: 5. Need help with question please Demand during lead time is historically about 112. It is normally distributed with a standard deviation during lead time

5. Need help with question please Demand during

5. Need help with question please

Demand during lead time is historically about 112. It is normally distributed with a standard deviation during lead time of 5. They will use a stockout risk of three percent. What is the reorder point, including the safety stock. Use two decimal places. Your

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!

Question 63: A firm uses 42,100 widgets per year and cna produce 340 per day. Carrying costs are $2 and setup costs are $200. They operate 240 days per year. What is the optimal run size? Do not...

The demand during lead time for an electronic component is normally distributed with an average of 4500 units and a standard deviation of 200. If a service level of 97.5% is desired then the companys...

Please do not use excel and show all work. Thank you! Question 6 (16 points) Lead time demand for a product is normally distributed with mean equal to 42 and standard deviation equal to 12. The...

MGNT 3430 Spring 2020 Term B Online Preston Whitney & 04/22/20 5:19 PM Homework: M3 Assignment 2 Save 4 of 11 (0 completa HW Score: 0%, 0 of 120 pts Score: 0 of 10 pts Problem 15 Question Help bued...

please answer the question.,.within 30 minutes. make sure the explanation and calculation are explained in very detailed manner. else leave it for other tutor otherwise i will give negative ratings...

Ms. Smith is trying to determine the safety stock for one of her best sellers--a high-tech talking doll. The stock out cost per unit for this doll is unknown. From historical data, it is known that...

Demand during lead time is historically about 96. It is normally distributed with a standard deviation during lead time of 11. They will use a stockout risk of three percent. What is the reorder...

Demand during lead time is historically about 96. It is normally distributed with a standard deviation during lead time of 9. They will use a stockout risk of three percent. What is the reorder...

Demand during lead time is historically about 120. It is normally distributed with a standard deviation during lead time of 14. They will use a stockout risk of three! percent What is the reorder...

Use the information below to answer the 24 master production schedule problems that follow. A firm is planning their master production schedule for January and February. The forecast for January is...

Consider three zero-coupon bonds of maturities 5, 10, and 25. A trader constructed a butterfly portfolio using the three bonds. Suppose the current yields are flat at 5% and the market value of the...

How does a family business differ from other organizational structures?

Which of the following refers to the present value of a project's discounted free cash flows? Question 3 7 options: 1 ) capital expenditures 2 ) IRR 3 ) deferred value 4 ) NPV

Alpensia Fashions Incorporated produces two types of fabric for use in production of work uniforms. One of the products (Blue) is used in low end mass produced uniforms, while the other (Emerald) is...