A solar panel manufacturer in the US wants to manage inventory for a particular component better. The Korean supplier’s
Posted: Fri May 20, 2022 8:10 am
A solar panel manufacturer in the US wants to manage inventory
for a particular component better. The Korean supplier’s lead time
is 2 months and the manufacturer wants stock-out frequency less
than 1%. Average monthly demand is 1000 units with standard
deviation of 316 units. (Choose the closest number if needed.)
What is the reorder point for the
manufacturer?
Group of answer choices
2,000
4,350
2,968
3,040
2,659
for a particular component better. The Korean supplier’s lead time
is 2 months and the manufacturer wants stock-out frequency less
than 1%. Average monthly demand is 1000 units with standard
deviation of 316 units. (Choose the closest number if needed.)
What is the reorder point for the
manufacturer?
Group of answer choices
2,000
4,350
2,968
3,040
2,659