The demand for an electronic component is normally distributed with an average demand during lead time...
The demand for an electronic component is normally distributed with an average demand during lead time of 4500 units and a standard deviation of 150. If a service level of 95% is desired, then the company’s safety stock for this component is approximately?
A) 150 units.
B) 247 units.
C) 336 units.
D) 740 units.
Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
The demand for an electronic component is normally distributed
with an average demand during lead time...
Demand during lead time for one brand of TV is normally distributed with a mean of...
Demand during lead time for one brand of TV is normally distributed with a mean of 36 TVs and a standard deviation of 15 TVs. What safety stock should be carried for 90% service level? What is the appropriate reorder point? Click the icon to view the normal table What safety stock should be carried for a 90% service level? Safety stock units (round your response to the nearest whole number).
The demand for a product is normally distributed with an average daily demand of 90 units...
The demand for a product is normally distributed with an average daily demand of 90 units and a standard deviation of 20. The lead time for the component is 4 days. A service level of 97.5% is desired. What is the optimal re-order point? ANSWER IS 438 UNITS. Please show steps as I do not know how they got here.
A specific product has demand during lead time of 100 units, with a standard deviation during...
A specific product has demand during lead time of 100 units, with a standard deviation during lead time of 25 units. What safety stock (approximately) provides a 95% service level? The answer is 41. How do you arrive at this answer? (what are the calculations)
13.38. Kelly's Tavern serves Shamrock draft beer to its customers The daily demand for beer is normally distrib...
13.38. Kelly's Tavern serves Shamrock draft beer to its customers The daily demand for beer is normally distributed, with an average of 20 gallons and a standard deviation of 4 gallons. The lead time re- quired to receive an order of beer from the local distributor is 12 days. Determine the safety stock and reorder point if the restaurant wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level...
If daily demand is normally distributed with a mean of 15 and standard deviation of 5,...
If daily demand is normally distributed with a mean of 15 and standard deviation of 5, and lead time is constant at 7 days, a 95% service level will require how much safety stock? 10 units 13 units 17 units 22 units 8 units
) The demand during the lead time is normally distributed with a méan of 40 and...
) The demand during the lead time is normally distributed with a méan of 40 and a standard deviation of 4. If they have calculated a reorder point of 46.60 units, what service level are they assuming? 9505 Service leve 2) The annual demand for a product has been projected at 2,000 units. This demand is assumed constant throughout the year. The ordering cost is $20 per order, and the holding cost is 20 percent purchase cost. The purchase cost...
A specific product has demand during lead time of 100 units, with a standard deviation during...
A specific product has demand during lead time of 100 units, with a standard deviation during lead time of 25 units. What safety stock (approximately) provides an 85% service level? A. 133 B. 165 C. 26 D. 41 O E. 126
Based on available information, lead time demand for PC jump drives averages 53 units (normally distributed),...
Based on available information, lead time demand for PC jump
drives averages 53 units (normally distributed), with a standard
deviation of 5 drives. Management wants a 95%
service level. Refer to the standard normal table for
z-values.
a) What value of Z should be applied?
(1.04/1.28/2.06/1.65)
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...
Kelly's Tavern serves Shamrock draft beer to its oustomers. The daily demand for beer is normally...
Kelly's Tavern serves Shamrock draft beer to its oustomers. The daily demand for beer is normally distributed, with an average of 35 gallons and a standard deviation of 4 gallons. The lead time required to receive an order of beer from the local distributor is 15 days. Determine the safety stock and reorder point r the restaurant wants to maintain a 90% service level, what would be the increase in the safety stock ,a 95% service level were desired? (Roun...
In a continuous review system, the average daily demand for a part is Normally distributed with...
In a continuous review system, the average daily demand for a part is Normally distributed with mean 20 and standard deviation of 4. The lead time to receive the part from the time it is ordered is 9 days. The appropriate re-order point for this part if we want a 95% service level is
Demand during lead time for one brand of TV is normally distributed with a mean of 36 TVs and a standard deviation of 15 TVs. What safety stock should be carried for 90% service level? What is the appropriate reorder point? Click the icon to view the normal table What safety stock should be carried for a 90% service level? Safety stock units (round your response to the nearest whole number).
13.38. Kelly's Tavern serves Shamrock draft beer to its customers The daily demand for beer is normally distributed, with an average of 20 gallons and a standard deviation of 4 gallons. The lead time re- quired to receive an order of beer from the local distributor is 12 days. Determine the safety stock and reorder point if the restaurant wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level...
) The demand during the lead time is normally distributed with a méan of 40 and a standard deviation of 4. If they have calculated a reorder point of 46.60 units, what service level are they assuming? 9505 Service leve 2) The annual demand for a product has been projected at 2,000 units. This demand is assumed constant throughout the year. The ordering cost is $20 per order, and the holding cost is 20 percent purchase cost. The purchase cost...
A specific product has demand during lead time of 100 units, with a standard deviation during lead time of 25 units. What safety stock (approximately) provides an 85% service level? A. 133 B. 165 C. 26 D. 41 O E. 126
Based on available information, lead time demand for PC jump
drives averages 53 units (normally distributed), with a standard
deviation of 5 drives. Management wants a 95%
service level. Refer to the standard normal table for
z-values.
a) What value of Z should be applied?
(1.04/1.28/2.06/1.65)
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...
Kelly's Tavern serves Shamrock draft beer to its oustomers. The daily demand for beer is normally distributed, with an average of 35 gallons and a standard deviation of 4 gallons. The lead time required to receive an order of beer from the local distributor is 15 days. Determine the safety stock and reorder point r the restaurant wants to maintain a 90% service level, what would be the increase in the safety stock ,a 95% service level were desired? (Roun...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago