Travis grocery store operates 360 days per year selling cannedcorn cases. The average demand is 10 cases
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Question:
Travis’ grocery store operates 360 days per year selling cannedcorn cases. The average demand is 10 cases per day with astandard deviation of 2 cases per day. The average order leadtime is 5 days with a standard deviation of 0.45 days. Thestore’s management has determined that the customer service levelis 95.99%. Assume a normal distribution. The reorderpoint is what?
greater than or equal to 188 but less than or equal to 191 | ||
greater than or equal to 100 but less than or equal to 125 | ||
greater than or equal to 14 but less than or equal to 18 | ||
greater than or equal to 55 but less than or equal to 67 | ||
none of the choices above |
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