A company manufactures products in its factory in Turkey for sale in Asia. Products sold in different countries differ in terms of the power outlet as well as the language of the manuals. Currently, the company assembles and packs products for sale in individual countries. The distribution of weekly demand in different countries is normally distributed with means and standard deviations as shown in the table Assume that demand in countries to be independent. Given that the lead time from the Turkey factory is (X/4) weeks, how much safety inventory does the company require in Asia if it targets a CSL level of 95 percent?X= 96 b. The company builds a distribution center in Asia. It will ship base products to this center. When an order is received, the center will assemble power supplies, add manuals, and ship the products to the appropriate country. The base products are still to be manufactured in Turkey with the same lead time. How much saving of safety inventory can the company expect as a result of this aggregation? X=96 Country а. Azerbaijan | Kazakhstan | Uzbekistan | Kyrgyzstan | Turkmenistan | Tajikistan 2,500 1,600 3,000 2,000 4,000 2,200 2,000 1,400 Mean Demand 150*X 4,000 2,400 Standard Deviation 100*X

A company manufactures products in its factory in Turkey for sale in Asia. Products sold in different countries differ in terms of the power outlet as well as the language of the manuals. Currently, the company assembles and packs products for sale in individual countries. The distribution of weekly demand in different countries is normally distributed with means and standard deviations as shown in the table Assume that demand in countries to be independent. Given that the lead time from the Turkey factory is (X/4) weeks, how much safety inventory does the company require in Asia if it targets a CSL level of 95 percent?X= 96 b. The company builds a distribution center in Asia. It will ship base products to this center. When an order is received, the center will assemble power supplies, add manuals, and ship the products to the appropriate country. The base products are still to be manufactured in Turkey with the same lead time. How much saving of safety inventory can the company expect as a result of this aggregation? X=96 Country а. Azerbaijan | Kazakhstan | Uzbekistan | Kyrgyzstan | Turkmenistan | Tajikistan 2,500 1,600 3,000 2,000 4,000 2,200 2,000 1,400 Mean Demand 150X 4,000 2,400 Standard Deviation 100X

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A company manufactures products in its factory in Turkey for sale in Asia. Products sold in different countries differ in terms of the power outlet as well as the language of the manuals. Currently, the company assembles and packs products for sale in individual countries. The distribution of weekly demand in different countries is normally distributed with means and standard deviations as shown in the table. a.Assume that demand in countries to be independent. Given that the lead time from the Turkey factory is 24 weeks, how much safety inventory does the company require in Asia if it targets a CSL level of 95 percent? b.The company builds a distribution center in Asia. It will ship base products to this center. When an order is received, the center will assemble power supplies, add manuals, and ship the products to the appropriate country. The base products are still to be manufactured in Turkey with the same lead time. How much saving of safety inventory can the company expect as…
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