Average daily demand (normally distributed) = 150Standard deviation = 0 = 16Average lead time 5 days (normally distributed)Standard deviation = OLT= 1 day95% service level desiredZ for 95% = 1.65 Q.10 Calculate ROP?Hint: Use the following formulas :LTD = L x R>2+2OLTD = √LOR ²+R²0₁²

Given that: Average daily demand, d¯=150 Standard deviation, σd=16 Average lead time, L¯=5 Standard…

Answered: Average daily demand (normally…

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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Average daily demand (normally distributed) = 150 Standard deviation = 0 = 16 Average lead time 5 days (normally distributed) Standard deviation = OLT= 1 day 95% service level desired Z for 95% = 1.65