Question: a Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 6 drives. Management

a Based on available information, lead time
a Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 6 drives. Management wants an 85% service level. Refer to the standard normal table for 2-values. a) What value of Z should be applied? b) How many drives should be carried as safety stock? units (round your response to the nearest whole number) c) What is the appropriate reordor point? I units (round your response to the nearest whole number)

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!