Question: Question 26 (1 point) (Same problem data.) Eagle Appliances operates 360 days per year and uses a P- model to manage their bench stock of

Question 26 (1 point) (Same problem data.) Eagle Appliances operates 360 days per year and uses a P- model to manage their bench stock of 1/8" rivets, which are used to make many of their products. Daily demand averages 300 units and the standard deviation of daily demand is 100 units. Their order interval (P) is 12 days and their supplier's lead time is 4 days. Their desired service level is 98% and they currently have 1,100 units on hand. How much safety stock needs to be carried? (Round your answer to the nearest whole number.) 1) 407 O2) 658 3) 821 4) 2,054

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!

Question 28 (1 point) (Same problem data.) Eagle Appliances operates 360 days per year and uses a P- model to manage their bench stock of 1/8" rivets, which are used to make many of their products....

Question 25 (1 point) Problem data: Eagle Appliances operates 360 days per year and uses a P-model to manage their bench stock of 1/8" rivets, which are used to make many of their products. Daily...

I'm looking for some serious help with my two assignments, I was trying to find Iowaringa so he can help me out. One assignment is a quiz and the second is 1 homework problem. Question 1 (30 points)...

Would like for you to help me with my quiz and homework question. You were great help in the past, and I would really appreciate it! Question 1 (30 points) On December 31, 2014, Rayco Inc. had the...

subject: operations management Book: Managerial Decision Modeling with Spreadsheets : Balakrishnan Render Stair : Third Edition Question 1 (3 points) A cake factory can produce cakes at the rate of...

Help me please. Something about P and Q model and particularly number 3 to the last problem. Thank you so much! Preparing an order and receiving a shipment of sugar involves a cost of P 135. Annual...

Scenario C ABC Company supplies replacement ink cartridges for printers. Daily demand for their cartridges averages 50 units, with a standard deviation of 8 units. The holding cost of the cartridge...

TRUE/FALSE (indicate whether the question is True or False) (One point each) 1. Which item to order and with which supplier the order should be placed are the two fundamental issues in inventory...

Group: PERON A+ PERSON B +PERSON C 1- Introduction 2- Literature a. Definition of operation management b. Definition of operation strategy and why it is important c. Components of operations strategy...

Which of the following represents correctly the changes in thermodynamic properties during the formation of 1 mole of an ideal binary solution. (a) J mol 0 AG TAS . mole fraction (b) ++ J mol 0 AG AH...

A 1-kW, 120-V, 60-Hz capacitor-start motor has the following parameters for the main and auxiliary windings (at starting): Zmain = 4.82 + j7.25 main winding, Zaux = 7.95 + j9.21 auxiliary winding a....

E9.29 A loop transfer function is Using the contour in the s-plane shown in Figure E9.29, determine the corresponding contour in the F1s2-plane 1B = -1 + j2. L(s) = Ge(s)G(s) === 1 $ +2

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...