Question: Show work Weekly demand for iPhones at the Apple store is normally distributed with a mean of 120 and a standard deviation of 80. Foxconn,
Show work
Weekly demand for iPhones at the Apple store is normally distributed with a mean of 120 and a standard deviation of 80. Foxconn, the assembler takes three weeks to supply an order from the Apple store. The store manager currently orders 500 phones when the inventory drops below 400.
Questions 1: Evaluate the safety inventory carried by the Apple store.
Between 45 and 60
Between 60 and 75
More than 75
Between 30 and 45
Between 15 and 30
A.What is the standard deviation of demand during lead time?
Between 135 and 140
Between 145 and 150
More than 150
Between 140 and 145
Less than 135
B.Evaluate the CSL resulting from a policy of ordering 500 iPhones when there are 400 units in the inventory.
Between 60% and 65%
Between 80% and 85%
Between 90 and 95%
Less than 60%
More than 95%
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