Question: Answer correct and with full steps to get 100% feedback!! The Office Supply Shop estimates that the average demand for a popular ball-point pen is
Answer correct and with full steps to get 100% feedback!!
The Office Supply Shop estimates that the average demand for a popular ball-point pen is 11,897 pens per week with a standard deviation of 3,546 pens. The average lead time from the distributor is 4.2 weeks, with a standard deviation of 1.9 weeks.
If management wants a 95 percent cycle-service level, what should the reorder point be? Round your answer to 2 decimal places.
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