Question: show all the work step by step in excel and show the formula as well . 12.47 First Printing has contracts with legal firms in
show all the work step by step in excel and show the formula as well
. 12.47 First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents. The lead time for paper delivery is normally distributed with a mean of 4 days and a stand- ard deviation of 1 day. A 97% service level is expected. Compute First's ROP. PX 1. taleban is that have vari . -- Clipboard ca Glede Format Font Alignment Number Styles G36 Cels Date X iting A 0 B c. D 27 H 28 Given service level Calculating ROP or Safety Stock when Demand during LT is Normal 29 Results 30 Input Data 31 Mean Lead Time 4 LTD Mean 32 Std Dev Lead Time LTD Std DV 1 33 Mean daily Demand 12500 Stock out Probability 0.03 34 Std Dev Daily Demand Reorder Point = 1.8808 35 Desired Service Level 97.00% Safety Stock 1.8808 36 37 Given ROP Calculating Service Level when Demand during LT is Normal 38 Results 39 Input Data Master Sheet2 Sheet3 Couple Settings

Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
