Question: Need Help with the 3, 4, 5, and 6!! Year 1 January 103 February 103 March 115 April 76 May 85 June 105 July 84

Need Help with the 3, 4, 5, and 6!! Year 1

Need Help with the 3, 4, 5, and 6!!

Year 1 January 103
February 103
March 115
April 76
May 85
June 105
July 84
August 132
September 99
October 83
November 94
December 83
Year 2 January 88
February 73
March 79
April 84
May 74
June 77
July 82
August 72
September 81
October 110
November 49
December 106
Year 3 January 84
February 137
March 93
April 109
May 119
June 128
July 79
August 127
September 125
October 96
November 122
December 123
Year 4 January 103
February 121
March 86
April 122
May 97
June 92
July 93
August 90
September 111
October 78
November 103
December 79
2) What is the expected on-order inventory for teddy bears? 96.96 387.83 Month Weeks 3) Calculate the mean of the P+L-month demand distribution. 4) Calculate the standard deviation of the P+L-month distribution. 5) Calculate the appropriate base stock level if KABS is to meet their stockout probability requirement. 6) For each of the following situations, how would your base stock level for teddy bears change? a. Mean demand increases, standard deviation decreases we can't tell without more information b. Mean demand increases, standard deviation increases it increases 2) What is the expected on-order inventory for teddy bears? 96.96 387.83 Month Weeks 3) Calculate the mean of the P+L-month demand distribution. 4) Calculate the standard deviation of the P+L-month distribution. 5) Calculate the appropriate base stock level if KABS is to meet their stockout probability requirement. 6) For each of the following situations, how would your base stock level for teddy bears change? a. Mean demand increases, standard deviation decreases we can't tell without more information b. Mean demand increases, standard deviation increases it increases

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!