Question: please help Additional Algo 14-10 Choosing an Order-Up-To Level - Poisson Demand Demand for a product follows the Poisson distribution with a mean of 0.6.
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Additional Algo 14-10 Choosing an Order-Up-To Level - Poisson Demand Demand for a product follows the Poisson distribution with a mean of 0.6. If the lead time is 2. Use Table 14A.2. What is the minimum order-up-to level to ensure an in-stock probability of 0.93? units Mean 2.2 2.4 2.6 2.8 3.0 S F(S) I(S) F(S) 1(S) F(S) (S) F(S) I(S) F(S) (S) 0.1108 0.00 0.0907 0.0 0.0743 0.00 0.0608 0.0 0.0498 0.00 0.3546 0.11 0.3084 0.0 0.2674 0.07 0.2311 0.06 0.1991 0.05 12 0.6227 0.47 0.5697 0.40 0.5184 0.34 0.4695 0.29 0.4232 0.25 3 0.8194 1.09 0.7787 0.97 0.7360 0.86 0.6919 0.76 0.6472 0.67 4 0.9275 1.91 0.9041 1.75 0.8774 1.60 0.8477 1.45 0.8153 1.32 0.9751 2.83 0.9643 2.65 0.9510 2.47 0.9349 2.30 0,9161 2.13 6 0.9925 3.81 0.9884 3.62 0.9828 3.42 0.9756 3.24 0.9665 3.05 7 0.9980 4.80 0.9967 4.60 0.9947 4.41 0.9919 4.21 0.9881 4.02 8 0.9995 5.80 0,9991 5.60 0.9985 5.40 0.9976 5.20 0.9962 5.01 9 0.9999 6.80 0.9998 6.60 0.9996 6:40 0.9993 6.20 0,9989 6.00 10 1.0000 7.80 1:0000 7.60 0.9999 7.40 0.9998 7.20 0,9997 7.00 8.00 11 1.0000 8.80 1.0000 8.60 1.0000 8.40 1.0000 8.20 0.9999 12 1.0000 9.80 1.0000 9.60 1.0000 9.40 1.0000 9.20 1.0000 9.00
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