Question: Based on available information, lead time demand for PC thumb drives averages 50 units (normally distributed), with a standard deviation of 5 drives. Management wants

 Based on available information, lead time demand for PC thumb drivesaverages 50 units (normally distributed), with a standard deviation of 5 drives.Management wants a 98% service level. Refer to the standard normal table

Based on available information, lead time demand for PC thumb drives averages 50 units (normally distributed), with a standard deviation of 5 drives. Management wants a 98% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied? b) How many drives should be carried : c) What is the appropriate reorder point units (round your response to the nearest whole number). 2.06 1.65 1.28 1.04 Z-Table Based on available information, lead time demand for PC thumb drives averages 50 units (normally distributed), with a standard deviation of 5 drives. Management wants a 98% service level. Refer to the : for z-values. a) What value of Z should be applied? b) How many drives should be carried as safety stock? units (round your response to the nearest whole number). c) What is the appropriate reorder point? units (round your response to the nearest whole number)

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!