Demand for Etched Impressions Wood products averages 34 units per day with a standard deviation of...
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Demand for Etched Impressions Wood products averages 34 units per day with a standard deviation of daily demand being 6. Lead time is 4 days. This IBC company strives for a 94% service level. What is the Z-value for the company's desired service level? (Display your answer to two decimal places.) What is the standard deviation of demand during the lead-time period? (Display your answer to two decimal places.) How many units of wood should Etched Impressions carry for safety stock? (Display your answer to two decimal places. Hint: Make sure that your calculation for safety stock uses a cell reference to the Z-value and not merely the number, rounded to two decimal places, that is in the Z-value field. What is the appropriate reorder point for Etched Impressions? (Display your answer to two decimal places.) Demand for Etched Impressions Wood products averages 34 units per day with a standard deviation of daily demand being 6. Lead time is 4 days. This IBC company strives for a 94% service level. What is the Z-value for the company's desired service level? (Display your answer to two decimal places.) What is the standard deviation of demand during the lead-time period? (Display your answer to two decimal places.) How many units of wood should Etched Impressions carry for safety stock? (Display your answer to two decimal places. Hint: Make sure that your calculation for safety stock uses a cell reference to the Z-value and not merely the number, rounded to two decimal places, that is in the Z-value field. What is the appropriate reorder point for Etched Impressions? (Display your answer to two decimal places.)
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Daily Demand 34 SD of daily demand 6 Lead time L 4 days Zvalue for the company... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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