Question: NA Printer Distribution Inc. distributes printers throughout the USA. The monthly demand is assumed to be normally distributed with mean is equal to 3000 units

NA Printer Distribution Inc. distributes printers throughout the USA. The monthly demand is assumed to be normally distributed with mean is equal to 3000 units and standard deviation is equal to 60 units. NA pays $1100 for ordering, $150 for each unit, and yearly inventory holding cost is expected to be 24% of the product value. Considering 2 months replenishment time and 97% CSL, calculate 1. The optimal order quantity, 2. Safety stock, 3. Reorder point, 4. Total cost

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!

6. You have implemented a butterfly spread whereby the strategy will make money if the stock ends up between $44 and $56 (8 months from now). The stock currently trades at $48, its historical...

Distribution Inc. distributes printers throughout the USA. The monthly demand is assumed to be normally distributed with mean is equal to 4000 units and standard deviation is equal to 80 units....

P6 STEP BY STEP PLEASE. NEED WITHIN 72 HOURS (BEFORE THURSDAY EVENING, PLEASE) Question 1 Given/Gegee: Z ~ N(0, 1). 1.1 P(- 2.15 2.18) 1.3 P ( Z >1.5 ) 1.4 P...

Hi You are now working on P9 and T9 and I owe you 70 dollars for Friday 22 April Kindly find P10 and T10 - due 25 April and offering 30 dollars Kindly find ASSIGNMENT 2 - My offer for this is 70...

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...

On the profitability side, you should specifically address the following points: a) Is the cost structure of the two companies similar or different? Does the cost structure reflect their respective...

CHAPTER 9 Hypothesis Tests CONTENTS 9.4 POPULATION MEAN: UNKNOWN One-Tailed Test Two-Tailed Test Summary and Practical Advice 9.5 POPULATION PROPORTION Summary 9.6 HYPOTHESIS TESTING AND DECISION...

IOE 419 Mark S. Daskin Service Operations Management IOE Department Winter, 2017 University of Michigan Problem set 4 DUE: MONDAY - February 20, 2017 Points: 100 points total Problem 1: Babette has...

COMM 215: BUSINESS STATISTICS REVIEW PROBLEMS 1 Descriptive Statistics 1. The listing below gives the service window of A&W: 4.91 0.85 0.52 2.51 1.92 2.66 1.94 5.19 2.33 3.51 2.95 2.62 service times...

Possible Multiple Choice Questions for the Exam. Focus on the topics discussed in class. Chapter 1 Multiple Choice Identify the choice that best completes the statement or answers the question. ____...

I am wondering if anyone has corrected solutions to fnce 300 assignments 1 2 and 3. I am concered about my answers and would love to compare. Pretty sure on my answers for 1 and 2 mainly interested...

Briefly describe the tax provisions of 401(k) plans and Keogh plans.

Explain what is meant by 'communication process to a person who is illiterate and underexposed. Explain what does context of communication means. Choose 2 contexts and describe the characteristics of...

Robin Corporation has the following data: \ table [ [ Net income,$

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...