Item SKU A3378 has a demand that is normally distributed during the lead time, with a mean of 400 units and standard deviation of 12. If Hinsdale cannot have stockouts in more than 10% of the time in any order, how much safety stock should be maintained and at what reorder point? , Calculate Hinsdale's safety stock and reorder point for three other SKUS under the following conditions of demand and lead time: - SKU F5402: daily demand is normally distributed with a mean of 20, standard deviation of 5, lead time is 5 days, and must operate at a 95% service level. SKU B7319: daily demand is constant at 28 units per day, lead time is normally with a mean of 7 days and standard deviation of 4 days and must operate at a 97% service level. SKU F9004: daily demand is normally distributed with a mean of 22 units and a standard deviation of 5 days. The lead time is also normally distributed with a mean of 6 days, standard deviation of 3 days and a service level of 90% is required.
Item SKU A3378 has a demand that is normally distributed during the lead time, with a mean of 400 units and standard deviation of 12. If Hinsdale cannot have stockouts in more than 10% of the time in any order, how much safety stock should be maintained and at what reorder point? , Calculate Hinsdale's safety stock and reorder point for three other SKUS under the following conditions of demand and lead time: - SKU F5402: daily demand is normally distributed with a mean of 20, standard deviation of 5, lead time is 5 days, and must operate at a 95% service level. SKU B7319: daily demand is constant at 28 units per day, lead time is normally with a mean of 7 days and standard deviation of 4 days and must operate at a 97% service level. SKU F9004: daily demand is normally distributed with a mean of 22 units and a standard deviation of 5 days. The lead time is also normally distributed with a mean of 6 days, standard deviation of 3 days and a service level of 90% is required.
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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Transcribed Image Text:а.
Item SKU A3378 has a demand that is normally distributed during the lead time, with a mean of
400 units and standard deviation of 12. If Hinsdale cannot have stockouts in more than 10% of the time in any
order, how much safety stock should be maintained and at what reorder point?
b.
, Calculate Hinsdale's safety stock and reorder point for three other SKUS under the following
conditions of demand and lead time:
SKU F5402: daily demand is normally distributed with a mean of 20, standard deviation of 5, lead time is 5
days, and must operate at a 95% service level.
SKU B7319: daily demand is constant at 28 units per day, lead time is normally with a mean of 7 days and
standard deviation of 4 days and must operate at a 97% service level.
SKU F9004: daily demand is normally distributed with a mean of 22 units and a standard deviation of 5 days.
The lead time is also normally distributed with a mean of 6 days, standard deviation of 3 days and a service
level of 90% is required.
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