Question: The average demand for an item per week is 4 0 units and lead time is 2 weeks. If safety stock ( ss ) is

The average demand for an item per week is 40 units and lead time is 2 weeks. If safety stock (ss) is 20 units, then the reorder point (ROP) should be .

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!

Q:

Start the QuickBooks Online test-drive. Using Craig's Design and Landscaping Services, complete all the hands-on work, step-by-step activities presented on pages 1 to 46, and Exercises 1-1 and 1-2 on...

Q:

Multi-Period Models: Fixed-Time Period Model 15. How many units should be ordered given the following information: Average demand = d-bar = 1,200 units per week Review period = T = 2 weeks Lead time...

Q:

A retailer sells swimbelts. The company currently orders 450 pieces of the product at a time. The average demand is 55 pieces per week with a 10% standard deviation. Lead time is fixed at 4 weeks....

Q:

1 5 . How many units should be ordered given the following information: Average demand = d - bar = 1 , 2 0 0 units per week Review period = T = 2 weeks Lead time = L = 1 week 9 0 % probability of not...

Q:

How many units should be ordered given the following information: Average demand = d - bar = 1 , 2 0 0 units per week Review period = T = 2 weeks Lead time = L = 1 week 9 0 % probability of not...

Q:

Multi-Period Models: Fixed-Time Period Model 15. How many units should be ordered given the following information: Average demand = d-bar = 1,200 units per week Review period =T= 2 weeks Lead time =...

Q:

- How many units should be ordered given the following information: Average demand = d-bar = 1,200 units per week Review period =T= 2 weeks Lead time = L = 1 week 90% probability of not stocking out...

Q:

01. The soft goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placing an order has...

Q:

01. The soft goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placing an order has...

Q:

2. An electronics company that produces subassemblies for clients has determined the following independent demand requirements for the next 8 weeks: Independent Period Demand 2 | 3 | 4 | 5 | 6 | 7 |...

Q:

2. An electronics company that produces subassemblies for clients has determined the following independent demand requirements for the next 8 weeks: Independent Period Demand 1 | 2 3 | 4 | 5 6 | 7 |...

Q:

On October 1, 2021, Shane Company issued 5,000 12% bonds with face amount of P1,000 per bond at 110. The bonds which mature on January 1, 2026, pay interest semiannually on January 1 and July 1. The...

Q:

You buy a designer bag today using Afterpay, a service allowing you to spread the payments over time. You will make 4 equal payments on the bag of $140. Your first payment will be 3 months (1...

Q:

Ch 1 2 Ouiz Help Sere 4 Eet Subell 2 Marvin industries owns a piece of equipment with a cost of $ 1 4 5 . 0 0 0 and accumulated depreciation of $ 1 5 5 , 0 0 0 . The equipment is sold for $ 5 t . 9 0...

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...