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a) The reorder point = enter your response here breads (round your response to the nearest whole number). b) The safety stock = enter your response here breads (round your response to the nearest whole number).

a) The reorder point = enter your response here breads (round your response to the nearest whole number). b) The safety stock = enter your response here breads (round your response to the nearest whole number).

Practical Management Science
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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Great Harvest bakery distributes an average of 1,000 breads per day to local stores and restaurants. This demand is normally distributed with a standard deviation of 95 breads per day. The baking firm who makes the bread requires a 3-day lead time. The manager of Great Harvest expects a 96% service level to satisfy high customer expectations. Refer to the standard normal table N 0.38 0.50 0.67 75 1.28 0.84 80 1.41 1.04 85 1.56 Pr(Z) 1.65 65 1.75 69 2.33 90 92 94 95 96 2.06 98 99 a) The reorder point = enter your response here breads (round your response to the nearest whole number). b) The safety stock = enter your response here breads (round your response to the nearest whole number).
Transcribed Image Text:Great Harvest bakery distributes an average of 1,000 breads per day to local stores and restaurants. This demand is normally distributed with a standard deviation of 95 breads per day. The baking firm who makes the bread requires a 3-day lead time. The manager of Great Harvest expects a 96% service level to satisfy high customer expectations. Refer to the standard normal table N 0.38 0.50 0.67 75 1.28 0.84 80 1.41 1.04 85 1.56 Pr(Z) 1.65 65 1.75 69 2.33 90 92 94 95 96 2.06 98 99 a) The reorder point = enter your response here breads (round your response to the nearest whole number). b) The safety stock = enter your response here breads (round your response to the nearest whole number).
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