Question: will please show work and explain work 6. (12 points) The circuit Town store sells a certain digital cameras XS520. The following data are estimated
will please show work and explain work
6. (12 points) The circuit Town store sells a certain digital cameras XS520. The following data are estimated for this digital camera. Suppose that the store uses a periodic review system. Average daily demand = 200 units Standard deviation of daily demand = 30 Review period=7days Lead time = 3 days To have a less than 3% stock out rate, a. (8 points) What is the order-up-to level? b. (2 points) If amount on hand at reorder time=10 units, what is the amount to order? c. (2 points) Describe your order policy in words

Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
