Question: operations research please solve in excel with all the steps and formulas will give a thumbs up, thank you ! 5. (25 points) Demand for
operations research
5. (25 points) Demand for a specific model of Kenmore refrigerator at NWA Sears is Poisson with mean of 5 per month. The lead time is 2 months and the Sears store manager uses base stock policy with a reorder point (r) of 12. a. Evaluate the manager fill rate. b. Suppose the manager's goal is to achieve 95% fill rate. What is the required base stock level point (R)? The selling price of a refrigerator is $800, the acquisition cost is $640, the firm carrying cost is 15% per year. The firm has a customer service policy, that if the refrigerator is not on stock, it is backorder but gives the customer a 5% discount over the selling price. Calculate the fill rate, back order level, and inventory level for the required reorder point
please solve in excel with all the steps and formulas
will give a thumbs up, thank you !
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