Question: Based on available information, lead time demand for PC jump drives averages 47 units (normally distributed), with a standard deviation of 5 drives. Management wants

Based on available information, lead time demandBased on available information, lead time demand

Based on available information, lead time demand for PC jump drives averages 47 units (normally distributed), with a standard deviation of 5 drives. Management wants a 90% service level. Refer to the for z-values. a) What value of Z should 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). Joe Henry's machine shop uses 2,490 brackets during the course of a year. These brackets are purchased from a supplier 90 miles away. The following information is known about the brackets: a) What is the EOQ? units (round your response to two decimal places). b) What is the average inventory if the EOQ is used? units (round your response to two decimal places). What would be the annual inventory holding cost? $ (round your response to two decimal places). c) Given the EOQ, how many orders will be made annually? orders (round your response to two decimal places). What would be the annual order cost? \$ (round your response to two decimal places). d) Given the EOQ, what is the total annual cost of managing (ordering and holding) the inventory? $ (round your response to two decimal places). e)What is the time between orders? days (round your response to two decimal places). f) What is the reorder point (ROP)? units (round your response to two decimal places)

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