Course Solutions Uncategorized (Answered) : Problem 13 31 Drugstore Uses Fixed Order Cycles Many Items Stocks Manager Wants Service Le Q28622931

(Answered) : Problem 13 31 Drugstore Uses Fixed Order Cycles Many Items Stocks Manager Wants Service Le Q28622931

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 6:57 pm
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Problem 13-31 A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The order interval is 14 days, and lead time is 3 days. Average demand for one item is 63 units per day, and the standard deviation of demand is 2 units per day. Given the on-hand inventory at the reorder time for each order cycle shown in the following table. Use Table. Cycle On Hand 47 2 103 Determine the order quantities for cycles 1, 2, and 3: (Round your answers to the nearest whole number) Units 2 3

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