Question: please answer this one and not just post an old one. Thank you!! The Harpert Store has an exclusive contract with Brussums Electronics to sell
please answer this one and not just post an old one. Thank you!!
The Harpert Store has an exclusive contract with Brussums Electronics to sell its most popular mp3 player. The demand of this ma playe day. However, the delivery lead times vary and can be specified by a normal distribution with a mean lend time of days and a standard deviation of two days. The supply chain manager at Brussums desires to calculate the safety stock and reorder point for a percent service level (in-stock probability) Open the spreadsheet and perform the required analysis to answer the questions below. Do not found intermediate calculations. Round your answers to the nearest wholt number HHI mun Open spreadsheet Questions 1. What is the required safety stock at a 94 percent service level? units 2. What is the reorder point? units B D 1 Statistical Reorder Point Using Constand Demand and Probabilistic Lead Time 2 3 Daily demand (d) 140 units 4 Mean lead time (LT) 9 days 5 Standard deviation of lead time (OLT) 2 days 6 Service level 94% 7 Formulas 8 Z-value for service level #N/A 9 10 Required safety stock units #N/A 11 ROP units #N/A 12

Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
