Course Solutions Uncategorized (Answered) : QUESTION 5 point approach to restocking a certain raw material Lead time is six days. Usage of the A shop owner uses a r msaterial

(Answered) : QUESTION 5 point approach to restocking a certain raw material Lead time is six days. Usage of the A shop owner uses a r msaterial

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:37 pm
Categories:

QUESTION 5 point approach to restocking a certain raw material Lead time is six days. Usage of the A shop owner uses a r msaterial during lead time is normally distributed with a mean of 38pounds and a standard deviation of 3.5 pounds. When should the raw material be reordered if the acceptable risk of a stockout is 2%? Show your work T T T paragraph-Arial words:0

Expert Answer

Service level for 2% stockout risk, F(z) = 1 – 2% = 98%

z-stat = NORMSINV(.98) = 2.054

Reorder point = μ + zσ = 38 + 2.054*3.5 = 45.2

Material should be

OR

PayPal Gateway not configured

OR

PayPal Gateway not configured

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

(Solved) : Explain Different Services Aws Vpc Console Include Examples References Model Vpc Q26659128 . . . .(Solved) : Explain Different Services Aws Vpc Console Include Examples References Model Vpc Q26659128 . . . .

<p><img alt="Explain different services in AWS VPC Console. Include examples and references to how you model your VPC. ●" src="http://d2vlcm61l7u1fs.cloudfront.net/media%2F174%2F174ed7f9-eb0b-47ac-a425-2736a5f817cf%2FphpBMp1AY.png" style="height:125px;width:486px;" aria-describedby="d3f"/></p>Explain different services in AWS VPC Console. Include examples

Read MoreRead More

(Solved) : Include Using Nanespace Atd Truct Aode Char El Node Ett Ode Right Node Int Elenent T Zelen Q36970961 . . . .(Solved) : Include Using Nanespace Atd Truct Aode Char El Node Ett Ode Right Node Int Elenent T Zelen Q36970961 . . . .

<p>C++</p><p><img alt="#include <iostream > using nanespace atd truct aode char el node ett ode right: node(int elenent)t this-zelenentelement: left" src="https://media.cheggcdn.com/media%2Fb49%2Fb496a229-73c0-4247-8d2a-0e3081c0a2e8%2Fphpld91YU.png" style="height:521px;width:1024px;" aria-describedby="d3f"/></p><p><img alt="void inorderTraversal (node n) if (n--NULL) return; inorderTraversal

Read MoreRead More