K Based on available information, lead time demand for PC jump drives averages 47 units (normally distributed), with a standard deviation of 6 drives. Management wants a 98% service level. Refer to the standard normal table for 2-values a) What value of Z should be applied? b) How many drives should be caried as safety stock?units (round your response to the nearest whole number) c) What is the appropriate reorder point?units (round your response to the nearest whole number) Z 0.38 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 2.06 2.33 Print Pr(Z) 65 69 75 80 85 90 92 94 95 96 98 99 Done

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Hence, the required solution is given by:

st
3
24
Based on available information, lead time demand for PC jump drives averages 47 units (normally distributed), with a standard deviation of 6 drives. Management wants a 98%
service level. Refer to the standard normal table for z-values
a) What value of Z should be applied?
b) How many drives should be caried as safety stock?units (round your response to the nearest whole number).
c) What is the appropriate reorder point?
units (round your response to the nearest whole number)
Z
0.38
0.50
0.67
0.84
1.04
1.28
1.41
1.56
1.65
1.75
2.06
2.33
Print
Pr(Z)
65
69
75
80
85
90
92
94
95
96
98
99
Done
Transcribed Image Text:st 3 24 Based on available information, lead time demand for PC jump drives averages 47 units (normally distributed), with a standard deviation of 6 drives. Management wants a 98% service level. Refer to the standard normal table for z-values a) What value of Z should be applied? b) How many drives should be caried as safety stock?units (round your response to the nearest whole number). c) What is the appropriate reorder point? units (round your response to the nearest whole number) Z 0.38 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 2.06 2.33 Print Pr(Z) 65 69 75 80 85 90 92 94 95 96 98 99 Done
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