Question: PA 1 4 - 5 ( Algo ) A Cold Incorporated is a frozen food distributor with... References Use:Table 1 4 . 1 : ACold
PA Algo A Cold Incorporated is a frozen food distributor with...
References
Use:Table : ACold Incorporated is a frozenfood distributor with warehouses across the country. Ivan Tory, one of the warehouse
mangeris wnts to make sure that the inventory policies used by the warehouse are minimizing inventory while still maintaining quick
delivery to ACold's customers. Because the warehouse carries hundreds of different products, Ivan decided to study one. He picked
Caruso's Frozen Pizza CFP Demand for CFPs averages per day with a standard deviation of Because ACold orders at least
one truck from its supplier each day, ACold can essentially order any quantity of CFP it wants each day. In fact, ACold's computer
system is designed to implement an orderupto policy for each product. Ivan notes that any order for CFPs arrives five days after the
order.
a Suppose an orderupto level of is used. What is the expected onhand inventory?
Note: Use Table and round to nearest integer.
Expected onhand inventory
b Suppose an orderupto level of is used. What is the expected onorder inventory?
Note: Round your answer to the nearest integer.b Suppose an orderupto level of is used. What is the expected onorder inventory?
Note: Round your answer to the nearest integer.
Expected onhand inventory
c Suppose an orderupto level of is used. What is the instock probability?
Note: Use Table Round your answer to decimal.
Instock probability
d Suppose ACold wants a instock probability. What should the orderupto level be
Note: Use Table Round your answer to the nearest integer. PLS HELP
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