Question: Based on available information, lead time demand for PC thumb drives averages 46 units (normally distributed), with a standard deviation of 5 drives. Management wants

 Based on available information, lead time demand for PC thumb drives

averages 46 units (normally distributed), with a standard deviation of 5 drives.

Based on available information, lead time demand for PC thumb drives averages 46 units (normally distributed), with a standard deviation of 5 drives. Management wants a 95% 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). The table below shows the total area under the normal curve for a point that is Z standard deviations to the right of the mean

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!