Question: Answer ( s ) : ( Your response ( s ) are in the boxes. ) Annual demand for a particular halogen bulb is 4
Answers: Your responses are in the boxes.
Annual demand for a particular halogen bulb is at a business that operates days per year. The cost per order $ and the holding cost per unit per year is $ The stockout cost is $unit The lead time is days, and demand during lead time follows the empirical distribution given in the following table.
Number of Units Probability
What is the average demand during lead time?
Report as a whole number.
What is the average stockout per inventory cycle with a safety stock of
Round, if necessary, to two decimal digits.
What is the stockout cost associated with a safety stock of per inventory cycle?
Round to a whole number.
What is the number of inventory cycles, ie number of orders, in a year?
Round to a whole number.
What is the annual stockout cost associated with a safety stock of
Step 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
