Question: Problem 12.47 Question Help First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at

Problem 12.47 Question Help First Printing has

Problem 12.47 Question Help First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 10,100 pages of documents. The lead time for paper delivery is normally distributed with a mean of 1 day and a standard deviation of 1 day. A 99% service level is expected. Compute First's ROP. Refer to the standard normal table for z-values. The reorder point is documents (round your response to the nearest whole number). i Z-Table z 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 1.88 2.06 2.33 Pr(z) 65 69 75 80 85 90 92 94 95 96 97 98 99 Print Done Enter your answer in the answer box and then click Check Answer. ? All parts showing Clear All Check

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!