Suppose that reorder point is r = 40, order quantity is q = EOQ = 100, average annual demand is 1,200 units, and the lead time demand is a random variable having the distribution shown in the following table. Lead time Demand Probability 20 0.10 30 0.15 40 0.15 50 0.20 60 0.15 70 0.15 80 0.10   For each question below select from the drop-down list. a)  What is the expected shortages (units) in a year? Answer = Answer b) What is the percentage of demand that is met on time? Answer = Answer c)What is the expected number of cycles in which no shortages occur? Answer =

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Chapter1: Combinatorial Analysis
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Suppose that reorder point is r = 40, order quantity is q = EOQ = 100, average annual demand is 1,200 units, and the lead time demand is a random variable having the distribution shown in the following table.

Lead time Demand

Probability

20

0.10

30

0.15

40

0.15

50

0.20

60

0.15

70

0.15

80

0.10

 

For each question below select from the drop-down list.

a)  What is the expected shortages (units) in a year? Answer = Answer

b) What is the percentage of demand that is met on time? Answer = Answer

c)What is the expected number of cycles in which no shortages occur? Answer =

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