Question: A store in St . John's is open 3 5 0 days per year. Daily use of cash register tape is random and the average
A store in St John's is open days per year. Daily use of cash register tape is random and the average usage per day is rolls. Usage appears normally distributed with a standard deviation of rolls per day. The fixed cost of ordering tape is $ per order and carrying costs are $ per roll a year. The Lead time duration for each order is a constant and it is days.
What is the EOQ quantity for each order?
Question options:
rolls
rolls
rolls
rolls
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What ROP will provide a fill rate of
Question options:
rolls
rolls
rolls
rolls
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What ROP will provide a lead time service level of
Question options:
rolls
rolls
rolls
rolls
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What is the expected number of units short per cycle with a lead time service level?
Question options:
rolls
rolls
rolls
rolls
rolls
rolls
rolls
rolls
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