Question: Homework due Apr 1 6 , 2 0 2 4 1 1 : 0 0 EDT Problem V . 5 . a 0 . 0
Homework due Apr : EDT
Problem Va
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Consider a manufacturing process for an electronic appliance with a lead time of weeks. The process produces three product variants, customized for the electrical codes for different regions: North America; Europe; and Asia. Except for the customization of the electronics, the product is the same for all regions. Within the manufacturing process, the customization currently occurs at the start of production; the customization decision is not reversible, so once a unit is started into production, it is destined for one of the three regions.
Each product is made to stock, and the inventory is controlled with a periodic revi base stock policy.
The review period is week, demand is assumed to be normally distributed, and the safety factor is The The demand parameters are given in the following table.
tableRegiontableMean DemandPer WeektableStandard Deviation ofDemand Per WeekNorth America,EuropeAsia
Determine the safety stocks for each product variant. Round to the nearest whole number.
North America:
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