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 weeks, while
the lead time to obtain the board game is week. The demand for the board game is normally
distributed with a mean of week and a standard deviation of week The store uses a service
level of If the onhand quantity in inventory is units, how much should the store order?
What is the value of the Target inventory and Safety Stock the store is maintaining?
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b Joe's Coffee Shoppe orders fresh doughnuts each morning. Joe pays $ per doughnut and
sells doughnuts for $a 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 dozens and standard deviation dozens. Now, how
many doughnuts should Joe stock each day?
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