Question: . [ Periodic Review System ] [ 3 points ] Recall that demand for the bird feeder is normally distributed with a mean of 1
Periodic Review System
points Recall that demand for the bird feeder is normally distributed with a mean of
units per week and a standard deviation in weekly demand of units. The lead time is
weeks, and the business operates weeks per year.
In a Q system where reorder point is used, the lot size for each order is units. What is the
equivalent P system if management still wants a percent cycleservice level? In other
words, what are the Time Between Reviews P and Target Inventory Level T
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