A third-party logistics (3PL) service provider receives an average of 2,000 + 100*X orders per day at

Fantastic news! We've Found the answer you've been seeking!

Question:

A third-party logistics (3PL) service provider receives an average of 2,000 + 100*X orders per day at its warehouse, where X is the last digit of your Student PI number. Use the average daily order based on your Student PI number to answer this question.

Example: If your Student PI number is W1234567, then X = 7 and the average daily order = 2,700.

This company takes great effort in setting and adhering to its warehouse KPI of In-Full delivery rate at 97%.

Why do you think it matters to this 3PL service provider to operate with an In- Full rate of 97%? What would happen if the service provider is unable to achieve this KPI target?

In addition, the company plans to set its warehouse KPI target of On-Time In- Full (OTIF) rate to 95%. Calculate the expected number of orders to be delivered as per customers’ request based on this target OTIF rate.