Question: Every f should be replaced with 0.2 Q1. Weekly demand for HP printers at a Sam's Club store is normally distributed, with a mean of

Every f should be replaced with 0.2
Every f should be replaced with 0.2 Q1. Weekly demand for HP

Q1. Weekly demand for HP printers at a Sam's Club store is normally distributed, with a mean of 250+50 f and a standard deviation of 150+30. The store manager continuously monitors inventory and currently orders 1,000 printers each time the inventory drops to 600 printers. HP currently takes two weeks to fill an order. How much safety inventory does the store carry? What CSL does Sam's Club achieve as a result of this policy? What fill rate does the store achieve? What is the total inventory for the store (cycle inventory plus ss)? What would be the ROPs both for CSL=0.955f and for fill rate =0.955f. What would be the reorder point for the same problem if a monthly (4weeks) periodic review poly is used with target CSL =955f. What is the total expected inventory in the system

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!