Question: Based on available Information, lead time demand for PC jump drives averages 48 units (normally distributed), with a standard deviation of 4 drives Management wants

Based on available Information, lead time demand
Based on available Information, lead time demand
Based on available Information, lead time demand for PC jump drives averages 48 units (normally distributed), with a standard deviation of 4 drives Management wants a 98% service level. Refer to the standard normal table for z-values. a) What value of Zshould be applied? b) How many drives should be carried as safety stock? units (round your response to the nearest whole number). c) What is the appropriate reorder point? units (round your response to the nearest whole number). Henrique Correa's bakery prepares all its cakes between 4 AM and GA.M.so they will be fresh when customers arrive. Day-old cakes are virtually always sold but at a 50% discount of the regular $10 price. The cost of baking a cake is $7, and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 8. What is the optimal stocking level? Refer to the standard normal table for z values The optimal stocking level for the bakery is cakes (round your response to the newest whole number) 31

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