Question: Calculate the reorder point quantity based on the following data: standard deviation of demand is 0; demand rate is 100 units per day; lead time
Calculate the reorder point quantity based on the following data: standard deviation of demand is 0; demand rate is 100 units per day; lead time is 2 days
Select one:
a. 200
b. 100
c. 50
d. 400
e. 75
Jessica wants to order I-pad screens every 5 weeks, but does not know how many to order. If the lead time for the screens is 4 weeks, the average demand is 83 units per week, with a standard deviation of 3 units and he wants 440 screens on hand at the time of order, how many should he order if he can tolerate a stock out risk of 56%
Select one:
a. 747
b. 440
c. 306
d. 290
e. 1187
Calculate the reorder point in gallons based on the following data: Standard deviation of demand during lead time is 113.3 gallons; average demand rate is 330 gallons per day; lead time is 4 days, stock out risk is 33%.
Select one:
a. 330
b. 1370
c. 50
d. 1320
e. 400
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