Question: refer to a standard normal table for z values LUDOUI Your firm uses a continuous review system and operates 52 weeks per year. One of

refer to a standard normal table for z values

LUDOUI Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics. Refer to the standard normal table for z-values. > Demand (D) = 18,600 units/year > Ordering cost (S) - $45.00/order > Holding cost (H) = $4.25/unit/year > Lead time (L) = 3 week(s) > Cycle-service level = 92% > Demand is normally distributed, with a standard deviation of weekly demand of 93 units. > Current on-hand inventory is 1,040 units, with no scheduled receipts and no backorders. The tem's economic order quantity is units. (Enter your response rounded to the nearest whole number) cos The table below shows the total area under the normal curve for a point that is Z standard deviations to the right ost of the mean. (L) vice Z 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 is no 0.0 0.5000 0.5040 0.5080 0.5120 0.5160 0.5199 0.5239 0.5279 0.5319 0.5359 on-h 0.1 0.5398 0.5438 0.5478 0.5517 0.5557 0.5596 0.5636 0.5675 0.5714 0.5754 0.2 0.5793 0.5832 0.58710.5910 0.5948 0.5987 0.6026 0.60640.6103 0.6141 nomi 0.3 0.61790.6217 0.6255 0.6293 0.6331 0.6368 0.6406 0.6443 0.6480 0.6517 0.4 0.6554 0.6591 0.6628 0.6664 0.6700 0.6736 0.6772 0.6808 0.6844 0.6879 0.5 0.6915 0.6950 0.6985 0.7019 0.7054 0.7088 0.7123 0.7157 0.7190 0.7224 0.6 0.7258 0.7291 0.7324 0.7357 0.7389 0.7422 0.7454 0.7486 0.75180.7549 0.7 0.7580 0.7612 0.76420.76730.7704 0.7734 0.7764 0.7794 0.7823 0.7852 0.8 0.7881 0.7910 0.7939 0.7967 0.7996 0.8023 0.8051 0.8079 0.8106 0.8133 0.9 0.81590.8186 0.8212 0.8238 0.8264 0.8289 0.8315 0.8340 0.8365 0.8389 1.0 0.8413 0.8438 0.8461 0.8485 0.8508 0.8531 0.8554 0.85770.8599 0.8621 1.1 0.86430.8665 0.8686 0.8708 0.8729 0.87490.8770 0.8790 0.8810 0.8830 1.2 0.8849 0.8869 0.8888 0.8907 0.8925 0.8944 0.8962 0.89800.8997 0.9015 0.9032 0.9049 0.9066 0.9082 0.9099 0.9115 0.91310.9147 0.9162 0.9177 1.4 0.91920.9207 0.9222 0.9236 0.9251 0.9265 0.9279 0.9292 0.9306 0.9319 1.5 0.9332 0.9345 0.9357 0.9370 0.93820.9394 0.9406 0.94180.9430 0.9441 1.6 0.9452 0.9463 0.9474 0.9485 0.9495 0.9505 0.9515 0.9525 0.9535 0.9545 1.7 0.9554 0.9564 10.95731 0.958210.9591 0.9599 0.9608 10.9616.10.9625, 0.9633 answer 1.3 Print Done n 1.9 1.3 0.9032 0.9049 0.9066 0.9082 0.9099 | 0.9115 10.9131 0.914710.9162 10.9177 1.4 0.9192 10.920710.9222 10.923610.925110,9265 0.9279 0.9292 10.930610.9319 15 0.9332 0.9345 0.9357 0.9370 0.9382 10.9394 0.9406 0.9418 0.9430 10.9441 1.6 0.9452 0.9463 0.9474 0.9485 0.9495 0.9505 0.95 15 0.9525 0.9535 0.9545 17 0.9554 0.9564 0.9573 0.9582 0.9591 0.9599 0.9608 0.9616 | 0.9625 0.9633 1.8 0.9641 0.9649 0.9656 0.9664 0.9671 0.9678 0.9686 0.9693 0.9700 0.9706 0.9713 0.9719 0.9726 0.9732 0.9738 0.9744 0.9750 0.9756 0.976210.9767 2.0 0.9773 0.9778 0.9783 0.9788 0.9793 0.9798 0.9803 0.9808 0.98 12 0.9817 2.1 0.9821 0.9826 0.9830| 0.9834 0.9838 0.9842 0.9846 0.9850 0.9854 | 0.9857 2.2 0.9861| 0.9865 0.966810,98710.9875 0.9878 0.9881| 0.9884 0.9887 0.9890 2.3 0.9893 | 0.9896 0.9898 0.9901 0.9904 0.9906 0.9909 0.9911 0.9913 0.9916 2.4 0.9918 0.9920 0.9922 0.9925 0.9927 0.9929 0.9931 0.99321 0.9934 0.9936 2.5 0.9938 0.9940 0.9941|0,9943 0.9945 0.9946 0.9948 | 0.9949 | 0.9951 0.9952 2.6 0.9953 0.9955 10.9956 0.9957 10.9959 0.9960 0.996110.9962 0.9963 0.9964 2.7 0.9965 0.9966 0.9967 0.9968 | 0.9969 0.9970 0.9971 0.9972 0.9973 0.9974 2.8 0.9974 0.9975 0.9976 0.9977 0.9977 0.9978 | 0.9979 0.9980 | 0.9980 | 0.9981 2.9 0.9981 0.9982 0.9983 0.9983 0.9984 0.9984 | 0.9985 0.9985 0.9986 0.9986 3.0 0.9987 0.9987 0.9987 0.9988 0.9988 0.9989 | 0.9989 | 0.9989 0.9990 0.9990 3.1 0.9990 0.9991 0.9991 0.9991 0.9992 0.9992 0.9992 0.9992 0.9993 0.9993 3.2 0.9993 | 0.9993 0.9994 | 0.9994 0.9994 0.9994 | 0.9994 | 0.9995 0.9995 | 0.9995 3.3 0.9995 0.9995 | 0.9995 | 0.9995 0.9996 0.9996 0.9996 | 0.9996 0.9996 0.9997

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!

With reference to Ex. 10.4 (a) Apply Eq. (10.7) to Eq. (A) to verify Eqs. (B) and (C). (b) Show that Eqs. (B) and (C) combine in accord with Eq. (10.11) to regenerate Eq. (A). Eq. (10.11) (c) Show...

Muscle Bound is chain of fitness stores located in many large shopping centers. Recently, an internal memo from the CEO to all operations personnel complained about the budget overruns at Muscle...

could you please answer these Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,000 rolls. The cost per roll is $625, and the annual holding cost is 28 percent of...

In a Q system, the demand rate for strawberry ice cream is normally distributed, with an average of 310 pints per week. The load time is 5 weeks. The standard deviation of acelyy. demand is 12 pirts....

please and thank you! Sam's Cat Hotel operates 52 weeks per year, 5 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.25 per bag. The following...

thank you! Sam's Cat Hotel operates 52 weeks per year, 5 days per week, and uses a continuous review inventorv sustem. It purchases kitty litter for $11.25 per bag. The following information is...

Question Help Problem 32 A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its 1-Irons, which have the following characteristics: >...

A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its 1 -irons, which have the following characteristics: > Demand (D)=2,000 units/year...

A golf specialty wholesaler operates 50 weeks per year Management is trying to determine an inventory policy for its 1-irons, which have the following characteristics. > Demand (D)=2,000 unitsiyear >...

A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its 1-irons, which have the following characteristics: > Demand (D) = 2,500...

The table below shows the total area under the normal curve for a point that is Z standard deviations to the right of the mean. 0.5 0.6 0.7 0.8 Z 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.0...

University of Okoboji has two main schools (operating departments) - liberal arts and professional studies. It has two major support departments, Student Services (advising, counseling, career...

Section 7.2 described the importance of total head and hydraulic gradient on the seepage of water through permeable soil media. In this problem we will study the variations of head along the axis of...

Which of the following scenarios is most likely to justify a short - year election for an S corporation? Group of answer choices An S corporation experiences a net operating loss for the year and...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...