Question: (c) Assuming now that demand during lead time for LED bulbs has the following empirical distribution. For a reorder point of 388 what is the

(c) Assuming now that demand during lead time for LED bulbs has the following empirical distribution. For a reorder point of 388 what is the safety stock? Lead Time Demand Distribution DEMAND 236 274 312 350 388 426 464 Probability 0.15 0.1 0.1 0.3 0.1 0.1 0.15

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!

We, the Supreme Court, categorically believe that pornographic films should be regulated. In particular, we believe that stemming the tide of commercialized obscenity serves legitimate state...

Fixed Order Quantity Inventory System with Uncertain Demand Average Annual Demand 13,000.00 Ordering Cost $50.00 Unit Cost $3.60 CarryingChargeRateLeadtime(weeks)0.152.00...

QUESTION 7 Load-Distance Score Id = 14 Center of Gravity (X) X1, Center of Gravity (Y): ys Euclidean Distance das = XA-)? + IVA-ya)? Rectilinear Distance: de = 1XA-xol + lya-yol Consider the location...

QUESTION 3 Continuous Review (Q) System: Standard Deviation of demand during lead time: OLT Vo3L = ott Safety Stock Safety stock = 20 Reorder Point Reorder point - R=L+ safety stock Periodic Review...

please answer both D Sum of last demands 0,0... Simple Moving Averaget Weighted Moving Average (abre in the most recent period *WP.W.P,+W.P.... Exponential Smoothing: Fax + ab + (1 -a) The mariager...

Ola Organic Pet Shop sells about 2,500 bags of trange dag biscuits every year. The red ordering costs $26, and the cost of holding a bag in invertory for a year is 53.00 Click the icon to view the...

Due to many other products in the promotion, the manager wants to set a periodic inventory control system to review the inventory needs. D = 1500 units/year S= $250/order C= $20/item/year I = 20% or...

Inventory Control for a High-Demand Product During Peak SeasonA mid-sized manufacturing facility specializes in producing portable heating equipment for commercial and residential use. One of its...

I need help with 1.2 and 1.3 Question 1.2 Yellow Food and Beverage Company expects to sell 1,000 sausages per month in 2016. The cost of each sausage is $30. Annual ordering cost is $20 and annual...

Williams Corporation is a major manufacturer of food processors. It purchases motors from Norse Corporation. Annual demand is 156,000 motors per year or 3,000 motors per week. The ordering cost is...

Answer all three questions please!! 8. A company stocks part A that has a weekly demand of 600 units. Due to competition only one stockout per year is permitted. Assume the standard deviation within...

Draw a single function that has the following three properties: 1. a point a where the function is continuous and differentiable; 2. a point b where the function is continuous and not differentiable....

As a general principle of economics it is said that growth is a function of investment. But to sustain growth it is not enough that a country has a high investment rate only. It is also needed that...

1. How much work is done raising a bag of groceries weighing 18 N from the ground onto a table 0.65 m high?

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...