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D D 7 Anvils Works' requires, on average, 2,800 tons of aluminum each week, with a standard deviation of 1,000 tons. The
Posted: Fri Jul 01, 2022 9:08 am
by answerhappygod
- D D 7 Anvils Works Requires On Average 2 800 Tons Of Aluminum Each Week With A Standard Deviation Of 1 000 Tons The 1 (90.74 KiB) Viewed 28 times
D D 7 Anvils Works' requires, on average, 2,800 tons of aluminum each week, with a standard deviation of 1,000 tons. The lead time to receive its orders is 10 weeks. The holding cost for one ton of aluminum for one week is $11. It operates with a 0.98 in-stock probability. Use Table 11.5. a. On average, how many tons does it have on order? ANSWER (Round your answer to nearest integer.) b. On average, how many tons does it have on hand? ANSWER (Round your answer to nearest integer.) c. If its average inventory was 5,000 tons, what would be its average holding cost per week? ANSWER (Round your answer to 2 decimal places.) d. If its average inventory was 10,000 tons, what would be its average holding cost per ton of aluminum? ANSWER tons +/- per 29 ton