An Exotic Snack Store Carries Pretzels That Have Variable Lead Times Because Of The Difficulty In Importing Them Demand 1 (23.66 KiB) Viewed 43 times
An exotic snack store carries pretzels that have variable lead times because of the difficulty in importing them. Demand is normally distributed with a mean of 175 pounds per week and a standard deviation of 24 pounds per week. Lead time is normally distributed with an average of 11 weeks and a standard deviation of 1 week. Refer to the standard normal table for z-values. This exercise contains only part a. a) For a 96% service level, what is the ROP? The reorder point is pounds (round your response to the nearest whole number).
Z 0.38 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 1.88 2.06 2.33 Pr(Z) 65 69 75 80 85 90 92 94 95 96 97 98 99
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