Question: Same problem statement Weekly demand for DVD Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of
Same problem statement Weekly demand for DVD Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150. Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5,000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. If the retailer wants to achieve a 99% service level (use the z value with one decimal, as in Table 13.4 on page 400 of the textbook). what should be the safety stock value? Numen Response 699 Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150 Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5.000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. With a safety stock of 300 boxes, what is the approximate service level (round to two decimals)? Numeric Response 84 13% Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150. Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5,000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. Assume 50 weeks in a year. Given the problem parameters, what is the optimal order quantity the retailer should order? Numeric Response 52000 Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150. Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5,000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. Under the current order quantity of 5,000 boxes and current reorder point of 4,200 boxes, what would be the order up to levels that the retailer should use as a baseline to calculate how much inventory to order when conducting a periodic review? Numeric Response 2040 Function Fiz) A(z) -4.0 .0000 .0000 -3.9 .0000 .0000 -3.8 .0001 .0000 .0001 .0000 .0000 -3.7 -3.6 -3.5 -34 .0001 .0002 0002 .0003 0.0005 .0001 .0001 0007 .0002 .0010 .0003 -3.0 .0013 .0004 -2.9 0019 0005 -2.8 .0026 .0008 -27 .0035 .0011 .0047 .0015 .0062 .0020 -2.6 -2.5 -2.4 -2.3 .0082 .0027 .0107 .0037 -2.2 .0139 .0049 -2.1 .0179 .0065 .0228 .0085 0287 0111 -2.0 -19 -1.9 -1.8 -1.7 .0359 .0143 .0446 .0183 .0548 .0232 -15 .0668 .0293 -14 0808 .0367 0 . 0968 1151 1357 1587 1841 13 -1.2 -11 -1.0 -0.9 -0.8 -0.7 -0.6 -0.5 -0.4 -0.3 455 .0561 .0686 .0833 1004 1202 2119 .2420 .1429 2743 1687 3085 3446 3821 1978 2304 2668 -0.2 4207 .3069 .4602 3509 5000 3989 CHAT? 1.0833 1.1686 8643 .8849 12 12561 19032 13455 19192 1.4367 9332 1.5293 9452 16232 9554 17183 9641 18143 973 1911 1972 19821 20085 2.1065 2.2049 23037 H5| 19803 2402) 2.5020 | 25 | 2. 9 9 938 953 6 2.6015 2/ 19965 2.7011 2.8 9974 . 2.8008 19981 2.9005 0 | 3. 9 987 30004 19990 3.1003 3.2002 19993 9995 33 33001 19997 3.4001 19998 3.5001 36 9 998 | 36000 3.7000 19999 19999 38000 27011 2.8 2.9 3.0 31 3.2 3.3 3.4 3.5 3.6 37 3.8 9965 19974 9981 9987 9990 9993 9995 9997 9998 9998 9999 9999 1.0000 2.8008 2.9005 3.0004 3.1003 3.2002 3.3001 3,4001 3.5001 3.6000 3.7000 3.8000 6 3.9000 4. 1.0000 4.0000