Question: PART II - Numerical Questions - Exercise 1 22 Exercise 1: You are the store manager for a furniture store. One of your products is

PART II - Numerical Questions - Exercise 1 22

PART II - Numerical Questions - Exercise 1 22 Exercise 1: You are the store manager for a furniture store. One of your products is a sit-stand study desk. This desk comes in two top colors: maple and cherry. Weekly demand for each desk color follows a Normal distribution with mean 100 and standard deviation 50. The demands for the two colors are independent. You order inventory replenishments weekly, the lead-time from your supplier is 3 weeks. You use Periodic Inventory Model with a ceiling to decide your order quantities. 2.5 points EXERCISE 1 - Question B: Suppose your ceiling is 500 for maple desks. What is your expected average inventory of maple desks during lead time? Choose the closest number. 100 250 OOOO 300 50

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