Question: - Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 1 8 4 gallons and

-Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 184 gallons and a standard deviation of 47. Cyber operates 6 days a week and orders from its supplier once each week. The supplier takes 1 week to deliver Cybers order.
What is its average order quantity?
Suppose an order-up-to level of 2,460 is used. What is its expected on-hand inventory?
Suppose an order-up-to level of 2,550 is used. What is its expected on-order inventory, SD=162.8?
Suppose an order-up-to level of 2,694 is used. What is its in-stock probability, SD=162.8?
Suppose an order-up-to level of 2,425 is used. What is its stockout probability, SD=162.8?
 -Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily

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!