Question: a. 14196 b. 9634 c. 2315 d. 3671 e. 8642 A company distributes an item known as a tie bar. The demand and cost information

a. 14196

b. 9634

c. 2315

d. 3671

e. 8642

A company distributes an item known as a tie bar. The demand and cost information are as below: Awng Month Demand DI 11107 units Sd of monthly demand 4200 units lead time LT fored 0.5 month Bem value in SIM 0 25 Order cost order in SIS 10 Carrying costin per month w 2% In stock probability during LT B5% What is the re-order point (ROPI? (Hint: ROP - average demand during lead time + safety stock level) (Hint: safety stock = standard deviation of demand * service probability z value square root of lead time length) STANDARD STATISTICAL TABLES Areas under the Normal Distribution the table gives the clatire probability to the standardised manual alet Lor) 111.21 P1) 1 0.02 0.00 0.04 0.05 0.05 0.07 0.00 0.09 0.0 0.5000 0.5040 6.5045 0.5120 0.5253 0.51 0.52 0.8 0.5319 0.5359 0.1 0.57 0.9434 0.57 0.587 0.587 0.55 0.56 0.57 0.5714 0.5753 0.2 0.579) 0.5692 0.5671 0.5810 0.54 0.897 0.60 0.64 0.40 0.610 0.3 0.67 0.0 0.4255 0.00 0.00 0.66 0.6406 0.41 0.6480 0.6517 0.4 0.655 0.6 0.6921 0.6 0.6700 0.6736 0.677 4.60 0.6044 0.679 0.5 0.5 0.6 0.69 0.7010.2054 O. TO 0.7123 4.7257 0.7280 0.1234 0.6 0.7257 0.721 0.7180.7357 0.7389 0.1022 0.7654 0.1446 0.7517 0.7549 0.1 0.750 0.7411 0.10 0.7673 0.770 0.7734 0.74 0.7 0.22 0.7854 0.0 0.78 0.7 0.75 0.797 0.79 0.10 0.6051 0.10 0.10 0.1333 0.9 0.6151 0.01 0.0012 0.003 0.6244 0.628 0.005 0.0140 0.68 0.2389 1.6 0.04 0.108 0.64 0.64 0.158 0.6531 0.1554 0.1577 0,05 0.1021 1. 0.0 0.0 0.14 0.17 0.02 0.17 0.1770 0.6790 0.00 0.00 1.2 0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.1995 1.3 0.1032 0.04 0.10 0.412 0.20 0.VIIS 0.91.11 0.1147 0.19 0.1177 4.0202 0.13 0.21 0.12 0.125 0.025 0.0279 0.22 0.23 0.119 1.5 0.3 0.436 0.19 0.000 0.000 0.19 0.1% 0.1 0.1 0.1 1.6 0.9 0.14 0.0074 0.1 0.1 0.1 0. 0.125 0.15 0.1 1.7 0. 0.7 0.1 0.4542 0.11 0.2 0.4 0.14 0.1 0.1 1.1 0.1 0.XAS ON 0.6 0.7 0.7 0.6 0.9 0.1 0.IN 1.1 0.2 0.ms 0.0 0.7 0.78 0.17 0.17 0.17 0.17 0.17 2.0 0.0 0.0 0.0 0.7 4.7 0.17 0.0 0.0 0.IT 2.1 0.2 0. 0.500 0.0.03 0.00 0.00 0.00 0.54 0.1957 2.2 0.0.0 6.14 0.0 0.0 0.0 0.0 0.10 2.3 0.9 0.19 e. ml. 0.71 0.19 0.11 0.1 0.16 2.3 0.132.100 0. 0.10.0.19 0.1 0..1952 2.4 0.9153.5 0.9 0.7 0..1 0.0.0.3.1 2.1 0.1 0.0 0.0 0.0 0.19 0.17 0.17 0.17 2.10.0.0.0.1 0..1 0.1 0.1 0..19 2.3.0.162.0 0.0 0.0 0.110.4.11 1 3.00 17 1.30 3.4 1.60 . 2. 16.1.0.0.11 0.0.0.0.1.1.2000

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