Q1. Weekly demand for paper towels at a Target store is normally distributed, with a mean of

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Q1. Weekly demand for paper towels at a Target store is normally distributed, with a mean of 1,000 packs and a standard deviation of 300 packs. The supplier takes four weeks to supply an order, which is for a batch size of 10,000 packs. Compute the required safety stock (SS) and reorder point (ROP) for each of the following cycle service levels (CSL): a. 98% b. 99% c. 99.9% d. 99.99% For Part (a) only, indicate on a "sawtooth" diagram (example below), the quantities of the safety stock, reorder point, order quantity, maximum inventory, and average inventory: Inventory Level vs. Time

Posted Date: May 18, 2024 01:04 PM

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Q1. Weekly demand for paper towels at a Target store is normally distributed, with a mean of

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