Question: Based on available information, lead time demand for PC jump drives averages 50 units (normally distributed), with a standard deviation of 4 drives. Management wants

Based on available information, lead time demand for PC jump drives averages 50 units (normally distributed), with a standard deviation of 4 drives. Management wants 98% service level. Refer to the standard normal tableLOADING... for z-values. Part 2 a) What value of Z should be applied? 2.06 1.28 1.04 1.65

b.) How many drives should be carried as safety stock?

c.) What is the appropriate reorder point?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!