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b. How many drives should be carried as a safety stock? c. What is the appropriate reorder point? ↑ Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 6 drives. Management wants a 90% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied? 1.28 1.04 2.05

b. How many drives should be carried as a safety stock? c. What is the appropriate reorder point? ↑ Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 6 drives. Management wants a 90% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied? 1.28 1.04 2.05

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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b. How many drives should be carried as a safety stock? c. What is the appropriate reorder point? K Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 6 drives. Management wants a 90% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied? 1.28 1.04 2.06 1.65
Transcribed Image Text:b. How many drives should be carried as a safety stock? c. What is the appropriate reorder point? K Based on available information, lead time demand for PC jump drives averages 46 units (normally distributed), with a standard deviation of 6 drives. Management wants a 90% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied? 1.28 1.04 2.06 1.65
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