(a) Currently the concession stand places an order when there is 1 pizza left. What level of service does this result in? (Round answer to 2 decimal places, e.g. 52.75%.) Level of service
(a) Currently the concession stand places an order when there is 1 pizza left. What level of service does this result in? (Round answer to 2 decimal places, e.g. 52.75%.) Level of service
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The concession stand at the Shelby High School stadium sells slices of pizza during boys' and girls' soccer games. Concession stand
sales are a primary source of revenue for the high school athletic programs, so the athletic director wants to sell as much food as
possible; however, any pizza not sold is given away free to the players, coaches, and referees or it is thrown away. Thus, the athletic
director wants to determine a reorder point that will meet the demand for pizza. Pizza sales are normally distributed with a mean of 6
pizzas per hour and a standard deviation of 3.70 pizzas. The pizzas are ordered from Pizza Beth's restaurant, and the mean delivery
time is 40 minutes, with a standard deviation of 7 minutes.
Currently the concession stand places an order when there is 1 pizza left. What level of service does this result in? (Round answer
to 2 decimal places, e.g. 52.75%.)
Level of service
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