10/9/2020
Assignment Print View
https://ezto.mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=1.&postSubmissionView=13252709952075039&wid=13252712898949197&rol…
1/1
1.
Award: 10.00 points
The injection moulding department of a company uses an average of 30 litres of a special lubricant a day. The lubricant is replenished when the amount on hand is
170 litres. It takes four days for an order to be received. The current stock-out risk is 9 percent. What amount of safety stock would be needed if the acceptable risk of
stock-out is to be reduced to 3 percent? Refer: z-values
table.
(Round the final answer to 2 decimal places.)
Safety stock
litres
References
Worksheet
Learning Objective: 12-04
Describe how to determine the
reorder point and solve typical
problems.
140.00
M44
30
LT
=
4
days
ROP
=
170
CSL
=
0.97
SS
=
2
0
z
1.88
0
=
x
x
6
z
=
me
1.88
=
2,8
1.88
=
82.
1.88
140
6
=
02
T
=
74.47
SS
=
(1.88)
(74.47)
=
140,0036
