Question: Answer ( s ) : ( Your response ( s ) are shown below, followed by the correct answer ( s ) . ) Annual

Answer(s): (Your response(s) are shown below, followed by the
correct answer(s).)
Annual demand for a particular halogen bulb is 3000 at a
business that operates 300 days per year. The cost per order
$140 and the holding cost per unit per year is $4.7. The lead time
is 20 days.
The demand during lead time follows a normal distribution with a
mean of 200 and a standard deviation of 30.
What is the service level if the safety stock is 20?(Compute the
standard normal variate to an accuracy of 3 decimal digits)
75 Report as a whole number.
What is required reorder point for a service level of 97%?
(Compute the standard normal variate to an accuracy of 3
decimal digits)
256
Report as a whole number.
 Answer(s): (Your response(s) are shown below, followed by the correct answer(s).)

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