8. Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
8. Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a
8. Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 5 drives. Management wants a 98% service level. Refer to the standard normal table² for z-values. a) What value of Z should be applied? (1) units (round your response to b) How many drives should be carried as safety stock? the nearest whole number). units (round your response to the nearest c) What is the appropriate reorder point? whole number). 2: Z-Table Pr(Z) 65 69 75 80 85 90 92 94 95 96 98 99 (1) O 1.65 1.28 O 2.06 1.04 Z 0.38 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 2.06 2.33
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!