Question: Given the following data: Average demand during lead time= 53 units Variance of demand during lead time= 64 units Lead time= 9 days If safety

Given the following data:

Average demand during lead time= 53 units

Variance of demand during lead time= 64 units

Lead time= 9 days

If safety stock = 24 units, what is the service level being provided and the corresponding ROP?

a. 99.70%; 77

b. 99.85%; 77

c. 95.5%; 53

d. 97.5%; 77

e. 84.00% 53

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!

Q:

Given the following data: Average demand during lead time = 53 units Variance of demand during lead time = 64 units Lead time = 9 days If safety stock = 24 units, what is the service level being...

Q:

14. Given the following data: Average demand during lead time = 74 units Standard deviation of demand during lead time 24 units If safety stock = 48 units, what is the service level being provided...

Q:

Savel Chapter 12 Review Quiz Help Save & Exit Submit Given this information: 19 Expected demand during lead time = 310 units Standard deviation of lead time demand = 10 units Use Table Determine each...

Q:

Given this information: i . Expected demand during lead time = 5 0 0 units. ii . Standard deviation of lead time demand = 5 0 units. Determine each of the following, assuming that lead time demand is...

Q:

Given this information: i. Expected demand during lead time =600 units. ii. Standard deviation of lead time demand =60 units. Determine each of the following, assuming that lead time demand is...

Q:

Given this information: i . Expected demand during lead time = 6 0 0 units. ii . Standard deviation of lead time demand = 6 0 units. Determine each of the following, assuming that lead time demand is...

Q:

INVENTORY DECISIONS - VARIABLE DEMAND Given this information: i. Expected demand during lead time =600 units. ii. Standard deviation of lead time demand =60 units. Determine each of the following,...

Q:

please solve with excel and show workings . if you cannot do not answer the question please. and thank you. Given this information: i. Expected demand during lead time =600 units. ii. Standard...

Q:

QUESTION 1 Demand for dishwasher water pumpe is 9 per day. The standard devia demand is per day, and the order load time is 4 days. The service level is 95% 21,64). What should the reader point be?...

Q:

Group: PERON A+ PERSON B +PERSON C 1- Introduction 2- Literature a. Definition of operation management b. Definition of operation strategy and why it is important c. Components of operations strategy...

Q:

On September 1, a firm purchased equipment for $2,400, signing a 30-day note bearing interest at 10 percent. The entry to record the payment of the amount at maturity is (Assume 360 days in a year....

Q:

Refer to Exercise 5.21. Compute the power of the test PWR(a) at a = 2.1, 2.2, 2.3, 2.4, and 2.5. Sketch a smooth curve through a plot of PWR(a) versus a. a. If is reduced from .05 to .01, what would...

Q:

1381. The 2-kg pendulum bob moves in the vertical plane with a velocity of 8 m>s when u = 0. Determine the initial tension in the cord and also at the instant the bob reaches u = 30. Neglect the size...

Q:

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...