Question: need help with the ones i got wrong!! The Bas Novelty and Craft Shop in Bennington, Vermont, sells avanety of quality, handmade terms to tounts.
need help with the ones i got wrong!!
The Bas Novelty and Craft Shop in Bennington, Vermont, sells avanety of quality, handmade terms to tounts. It will sell to hand carved miniature replica of a colonialer each year, but the demand pattern during the year is uncertain the replicas sell for $15 each and bass 20 percent onventory holding cost rate Ordering costs are st per order and demand during the lead time follows a notmal distribution, with a mean of 20 and a standard deviation of four a. What is the recommended order quantity? Round your answer to the nearest whole number EOG 46 units Das is willing to accept a stockout roughly twice a year what recorder point would you recommend? What is the probably that as will have a stockout in any one order? Utente determine Vair Round value to two deomal places. Do not found intermediate contine und yoursel for the reorder point to the nearest whole number and for the proto stockout to decimal places Reodor point 25 units Probability of a stockout: 0.9425 C: What is the safety stock level and annual safety stock costs for this product? Do not round intermediate cakulations. Round your answer for the safety stock level to the nearest whole number and for the safety stock costs to the nearest dotlar Safety Mock level 5 units Safety stock costs 12
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