Question: Using lab 8 part 2 , how much safety stock is needed to have a cycle service level of at least 9 7 % ?

Using lab 8 part 2, how much safety stock is needed to have a cycle service level of at least 97%?(Round answer to the nearest whole number)
Answer:
Using lab 8 part 2, how much safety stock is needed

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:

Having difficulty with this lab :/ any kind of help would be useful and very much appreciated! Learning Objectives: Deeper understanding about the costs associated with an Ordering policy (i.e. an...

Q:

help needed on lab please and thank you If annual demand is 1739 , holding costs are $9 per unit per year, and setup costs are $89 per order, what is the economic order quantity? Answer: What is the...

Q:

QUESTION 1 If annual demand is 2,770, holding costs are $3.74 per unit per year, and setup costs are $55 per order, what is the economic order quantity? What is the total annual cost for an EOQ...

Q:

Using lab 8 part 2 , how much safety stock is needed to have a cycle service level of at least 9 7 % ? ( Round answer to the nearest whole number ) Answer:

Q:

Weekly demand for area rugs at a Pottery Barn distribution center (DC) is normally distributed with a mean of 71 units/day and standard deviation of 30 units/day. Pottery Barn orders rugs at a unit...

Q:

1. Weekly demand for area rugs at a Pottery Barn distribution center (DC) is normally distributed with a mean of 71 units/day and standard deviation of 30 units/day. Pottery Barn orders rugs at a...

Q:

Using lab 8 part 2 , how much additional safety stock is required to go om a cycle service level of 9 8 % to 9 9 % ? Select one: a . 1 . 6 4 b . 2 . 5 9 C . 2 . 4 8 d . 1 . 9 6 e . 3 . 0 0 f . 2 . 0 0

Q:

Problem 836202: Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger...

Q:

distribution center (DC) is normally distributed with a mean of 92 units/day and standard deviation of 37 units/day. Brooks Brothers orders the shirts at a unit cost of $58. The annual cost of...

Q:

show how to solve on paper please weekly demand for area rugs at a Pottery Barn distribution center (DC) is normally distributed with a mean of 79 units/day and standard deviation of 26 units/day....

Q:

A review service engagement involving unaudited financial statements involves a. More work than a compilation and an audit. b. Less work than an audit but more work than a compilation. c. Less work...

Q:

The Doormat Division of Clean Sweep Company produces all-vinyl mats. Each doormat calls for 0.4 meter of vinyl material; the material should cost $3.10 per meter. Standard direct labor hours and...

Q:

Regarding mortgage commitments and mortgage pre-approvals, which of the following is NOT correct. Select one answer. A mortgage commitment will commit the funds with certainty to the borrower, A...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...