Q2.2. What reorder point should be?

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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Average daily demand (normally distributed) = 15
Standard deviation = 5
Lead time is constant at 2 days
90% service level desired
Z for 90% = 1.28
From Appendix I
Q2.2. What reorder point should be?
Transcribed Image Text:Average daily demand (normally distributed) = 15 Standard deviation = 5 Lead time is constant at 2 days 90% service level desired Z for 90% = 1.28 From Appendix I Q2.2. What reorder point should be?
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