Fixed-order-interval. Hunilabliver orders a number of chemicals from the same supplier every 30 days. Lead time is five days. the assistant production manager of the lab must determine how much of one of these chemicals to order. a check of stock revealed that eleven 25-milliliter (ml) jars are on hand. Daily usage of the chemical is approximately normal with a mean of 15.2 ml per day and a standard deviation of 1.6 ml per day. the desired service for tis chemical is 95 percent. 14.64 ml 16.62 ml 15.62 ml 273.62 ml 272.62 ml 272.64 ml How many jars of the chemical should be ordered? What is the average amount of safety stock of the chemical?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Fixed-order-interval. Hunilabliver orders a number of chemicals from the same
supplier every 30 days. Lead time is five days. the assistant production manager
of the lab must determine how much of one of these chemicals to order. a check
of stock revealed that eleven 25-milliliter (ml) jars are on hand. Daily usage of the
chemical is approximately normal with a mean of 15.2 ml per day and a standard
deviation of 1.6 ml per day. the desired service for tis chemical is 95 percent.
14.64 ml
16.62 ml
15.62 ml
273.62 ml
272.62 ml
272.64 ml
How many
jars of the
chemical
should be
ordered?
What is the
average
amount of
safety stock
of the
chemical?
Transcribed Image Text:Fixed-order-interval. Hunilabliver orders a number of chemicals from the same supplier every 30 days. Lead time is five days. the assistant production manager of the lab must determine how much of one of these chemicals to order. a check of stock revealed that eleven 25-milliliter (ml) jars are on hand. Daily usage of the chemical is approximately normal with a mean of 15.2 ml per day and a standard deviation of 1.6 ml per day. the desired service for tis chemical is 95 percent. 14.64 ml 16.62 ml 15.62 ml 273.62 ml 272.62 ml 272.64 ml How many jars of the chemical should be ordered? What is the average amount of safety stock of the chemical?
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