Question: 8 . Forecast data 2 0 0 units / mn sigma _ D = 3 0 units / mn Lead time = 3 weeks

8.
Forecast data 200 units/mn
\sigma _D=30 units/mn
Lead time=3weeks
Q=a fixed order quantity that has been set to yield six orders per year at the current forecast
Probability of stocking out =5%
Determine:
Safety Stock
ROP
Average inventory
Expected units short per reorder cycle
Service level

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!

Q:

Im not sure if the first picture is clear enough but if its not, there are two separate pictures to help. I need the MRP record on an excel file the most(the second bullet point) this is a MRP 2-MPS...

Q:

Please assist with tables through Z. thank you:) The demand for subassembly S is 90 units in week 7. Each unit of Srequires 2 units of T and 2 units of U. Each unit of T requires 2 units of V, 2...

Q:

Question 6 (4 points) Given the following information, develop a material requirement plan that will lead to 200 units and 500 units of product A being available at the beginning of week 6 and week...

Q:

This model that the question references is this: 4 For the model developed in this section, determine a the average length of time it takes to meet demand for a unit b the fraction of all demanded...

Q:

The following table lists the components needed to assemble an end item, lead times, and quantities on hand. End C D E Item LT (wk) Amount on hand 2. 2 F 2 28 G 1 6 0 11 8 26 12 2 0 End Item B (2) D...

Q:

New Facility Project Management Briefly describe Project Management so Warren has a conceptual understanding of it. Explain the project critical path concept and indicate the duration of the project...

Q:

Hello! please answer all parts to the question clearly please its sometimes hard to understand the experts please thank you! provide the answer TO EACH QUESTION CLEARLY please!!! PLEASE CLEARLY LABLE...

Q:

Hello dear, Please may you answer this question Note I need all steps and when u take the pictures I hope it will be very clear write down the solution on the computer write down an analysis and a...

Q:

Industry Demand Activity For your purposes, complete the form below with the average" scenario. Assume the Round 1 growth rates will continue into the future unchanged This will give you some idea...

Q:

Yat Ching Co. is an authorised company to do the packing of Nissin Instant Noodles for supplying private hospitals in Hong Kong. Yat Ching Co. mainly packs two products, namely a) individual pack...

Q:

Total Market Demand is P = 10,000-20*QT. The dominant firm price leaders (L = Leader or Dominant Firm) total cost is TCL = 50*QL + 1.5*QL2. The competitive fringe supply (F = Fringe) is SF = PL = 100...

Q:

Give examples of services and functions found in a typical monolithic OS that may be external subsystems to a microkernel OS.

Q:

Crimina A Burl - Dusis complete Marre - Nuriat 9 9 2 4 Press to Ca . Spring 2 0 2 5 2 4 5 . 5 8 rm Question 6 ( Mandatory ) ( 2 . 5 points ) v Shord Indicators that the local currency is the...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...