Question: Sue is developing a periodic inventory control system for a manufactured part. Company records show that the weekly mean forecast is 25 units, the weekly

Sue is developing a periodic inventory control system for a manufactured part. Company records show that the weekly mean forecast is 25 units, the weekly MAD is 5 units, the EOQ = 150 and lead time is 1 week. How many units of safety stock are needed to achieve a 95% customer service level (z = 1.645)?

Select one:

a. Greater than 30.

b. Great than or equal to 20 but less than 25.

c. Greater than or equal to 25 but less than 30.

d. Less than 20.

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!

Mohammed, XYZ, Inc.'s vice president of manufacturing, has completed reviewing the weekly production report for the week ending September 16, 2021. Inventory rose once more, and service levels fell...

Case Study eXcel ToysPlus,Inc.: MRP Dale Long, vice president of manufacturing for ToysPlus, Inc., finished reading the weekly production report for the week ended September 16, 2016. Inventories...

Please answer questions 4 & 5 only in the last page. For the strategies, please use chase and level strategies and develop table for each and provide comparisons. Mohammed, XYZ, Inc.'s vice president...

Kindly read carefully the below and answer both parts with the number of questions correctly, even if you need more time. Below is the first page of the question The second page of the question The...

Kindly provide answer and supporting workings for Qn 1b & Qn 3a,3b for ACC217. ACC217 Accounting Information Systems Assignment 2 - Group-based Assignment January 2017 Presentation ACC217 Assignment...

please answer part 2 questions in details and show your steps. take your time and do not rush. regards, Mohammed, XYZ, Inc.'s vice president of manufacturing, has completed reviewing the weekly...

Dale Long, vice president of manufacturing for ToysPlus, Inc., finished reading the weekly production report for the week ended September 16, 2016. Inventories were up once again, and service levels...

Health care finance covers a variety of topics and we only briefly touched on them throughout this module. Some topics could be, and are, complete courses. But, to further enhance our understanding...

Please answer question 4&5 in the last page using chase and level strategy, given that EOQ for auto is 1097 EOQ for truck is 382 EOQ for robot is 645 please provide comparisons between chase and...

Question: a) Explain that how price of the substitute (y) can affect the demand of commodity (x)? b) Explain the concept of indifference curve. Also explain its any two properties.

The case is Joseph v. State Farm Fire & Cas. Co., 2013 U.S. Dist. LEXIS 24511 (Feb. 22, 2013). In March 2009, Namon Joseph applied for and was issued a homeowner's policy with State Farm covering a...

Show all work for all parts. Show all images Show all images Show all images done loading

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...