Question: please answer a and b in handwriting a ) One of the hot sellers for the Wonka Toy store is the Chocolate Factory Board Game.

please answer a and b in handwriting
a) One of the hot sellers for the Wonka Toy store is the Chocolate Factory Board Game. The store
uses a periodic review inventory system. The review period for the board game is 4 weeks, while
the lead time to obtain the board game is 1 week. The demand for the board game is normally
distributed with a mean of 200/week and a standard deviation of 20/week. The store uses a service
level of 90%. If the on-hand quantity in inventory is 50 units, how much should the store order?
What is the value of the Target inventory and Safety Stock the store is maintaining?
(15 points)
b) Joe's Coffee Shoppe orders fresh doughnuts each morning. Joe pays $0.25 per doughnut and
sells doughnuts for $5.0a dozen. The leftover doughnuts are salvaged at half the selling price. A
detailed analysis of past data shows that the number of doughnuts sold per day is better described
by a normal distribution, with a mean 30 dozens and standard deviation 10 dozens. Now, how
many doughnuts should Joe stock each day?
(10 points)
 please answer a and b in handwriting a) One of the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!