Question: A. Less than or equal to 550 units B. Greater than 550 but less than or equal to 600 units C. Greater than 600 but
A. Less than or equal to 550 units
B. Greater than 550 but less than or equal to 600 units
C. Greater than 600 but less than or equal to 650 units
D. Greater than 650 units
Question 8 2.5 out of 2.5 points Continuous Review (Q) System: Standard Deviation of demand during lead time: O ALT= 0L = 0 L Safety Stock: Safety stock = zo dLT Reorder Point: Reorder point = R = dL + safety stock Periodic Review (P) System: Standard Deviation of demand over the protection interval: OP+ L = 0 P + L Safety Stock: Safety stock = 20p+L. Target Inventory: T= d (P + L) + safety stock for protection interval A regional distributor purchases discontinued appliances from various suppliers and then sells them on demand to retailers in the region. The distributor operates 5 days per week, 52 weeks per year. Only when it is open for business can orders be received. The following data are estimated for the countertop mixer: Average daily demand = 110 mixers Standard deviation of daily demand = 30 mixers Lead time = 3 days Cycle-service level = 92 percent (z = 1.41) The distributor uses a continuous review (Q) system Calculate the Reorder Point for the countertop mixers? In which range below does it fall? Question 8 2.5 out of 2.5 points Continuous Review (Q) System: Standard Deviation of demand during lead time: O ALT= 0L = 0 L Safety Stock: Safety stock = zo dLT Reorder Point: Reorder point = R = dL + safety stock Periodic Review (P) System: Standard Deviation of demand over the protection interval: OP+ L = 0 P + L Safety Stock: Safety stock = 20p+L. Target Inventory: T= d (P + L) + safety stock for protection interval A regional distributor purchases discontinued appliances from various suppliers and then sells them on demand to retailers in the region. The distributor operates 5 days per week, 52 weeks per year. Only when it is open for business can orders be received. The following data are estimated for the countertop mixer: Average daily demand = 110 mixers Standard deviation of daily demand = 30 mixers Lead time = 3 days Cycle-service level = 92 percent (z = 1.41) The distributor uses a continuous review (Q) system Calculate the Reorder Point for the countertop mixers? In which range below does it fallStep by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
