Question: i know this is a lot but can someone help me solve the rest? thanks a lot Given this information: Expected demand during lead time=290

i know this is a lot but can someone help me solve the rest? thanks a lot i know this is a lot but can someone help me
i know this is a lot but can someone help me
Given this information: Expected demand during lead time=290 units Standard deviation of lead time demand = 20 units Use Table Determine each of the following, assuming that lead time demand is distributed normally a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number:) ROP 337 units b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Do not round Intermediate calculations. Rour your answer to the nearest whole number.) Safely stock units C-1 Would a stockout risk of 2 percent require more or less safety stock than a 1 percent risk? O Less O More 2. Would the ROP be larger, smaller, or unaffected if the acceptable risk were 2 percent instead of 1 percent? Unaffected O Larger Smaller 07 .08 ,09 ,06 ,05 1.04 .03 ,01 .02 ,00 Z o 5000 5398 5793 .6179 .6554 5040 5438 5832 .6217 6591 .1 2 3 4 5080 5478 5871 8255 6628 5120 5517 5910 6283 5664 5160 5557 5948 8331 6700 5199 5596 5987 6368 6736 5239 45636 6026 6406 6772 5279 5675 6064 6443 5808 5319 5714 6103 6480 .6844 5359 5753 6141 .6517 6879 5 hrea 6915 7257 7580 7881 8159 6950 7291 7611 7910 8186 .6985 7324 .7642 .7939 8212 .7019 7357 7673 7967 8238 7054 7389 .7703 .7995 8264 7089 .7422 .7734 .8023 8289 .7123 7454 .7764 8051 8315 7157 7486 7794 8078 8340 7190 7517 7823 B106 83365 .7224 7549 7852 .8133 8389 1.0 1.1 1.2 13 1.4 8413 8643 .8849 9032 .9192 8438 .8665 8869 9049 9207 8461 8686 8888 9066 .9222 .8485 8708 .8907 9082 9236 8508 8729 8925 9099 9251 8531 8749 8944 9115 9265 8554 .8770 8962 9131 .9279 8577 8790 .8980 9147 9292 8599 8810 8997 9162 9306 8621 .8830 9015 9177 .9319 1.5 1.6 1.7 1.8 19 9332 9452 9554 9641 9713 9345 9483 9564 9649 9719 9357 9474 9573 9656 9726 9370 9484 9582 9664 9732 9382 9495 9591 9671 9738 9394 9505 9599 9678 9744 9406 9515 9608 9686 9750 9418 9525 9616 9693 9756 9429 9535 9625 9699 9761 9441 9545 9633 9706 9767 9793 9838 20 21 22 23 24 9772 9821 9861 9893 9918 9778 9826 9964 9896 9920 9783 9830 9868 9898 9922 9788 9834 9871 9901 9925 .9798 9842 9878 9906 9929 .9803 9846 9881 9909 9931 9875 .9904 9927 9808 9850 9884 9911 9932 9812 9854 9887 .9913 9934 9817 9857 9890 9916 9936 9951 25 26 27 28 29 9938 19953 9965 9974 9981 9940 9955 9956 9975 9982 9941 9956 9967 9976 9982 9943 9957 9968 9977 9983 9945 9959 9969 9977 9984 9946 9960 9970 9978 9984 9948 9961 9971 9979 9985 9949 9962 9972 9979 9985 9973 19960 9986 9952 9964 9974 9981 9986 9987 30 31 32 33 34 9987 9990 sggg 9995 9997 9987 9991 9994 9995 9997 9988 9991 9994 9996 9997 9988 9992 9994 9996 9997 9989 9992 9994 9996 9997 9989 9992 9994 9996 9997 9989 9992 9995 9996 9997 9990 9993 9995 9996 9997 9993 9995 9997 9990 .9993 9995 9997 9998

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!