Please answer thanks. A hospital orders surgical supplies using a fixedorder interval system. Suppose that just prior toordering, a check of rolls of gauze bandages showsthat there are 40 currently on hand. Suppose alsothat these rolls have a daily usage that isapproximately normal with a mean of 9 rolls and astandard deviation of 4 rolls. Lead time is 4 daysand the desired service level is 98 percent. Theorder interval is 12 days.How many rolls of gauze bandagesshould be ordered for this period?13 rolls33 rolls53 rolls137 rollsHow many units would be the safetystock?13 rolls33 rolls53 rolls137 rolls What's the expected demand duringthe order interval and lead time?33 rolls53 rollsO 137 rollsO 144 rollsWhat would have been the desiredservice level if an order quantity of142 rolls were placed when the stockon hand is 30 rolls? (Assume: amounton order and backorder is zero).95%96%97%99%

On hand inventory = OH = 40 Daily usage = d = 9 Standard deviation = s = 4 Lead time = L = 4 days…

Answered: ! A hospital orders surgical supplies…

Practical Management Science

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ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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A hospital orders surgical supplies using a fixed order interval system. Suppose that just prior to ordering, a check of rolls of gauze bandages shows that there are 40 currently on hand. Suppose also that these rolls have a daily usage that is approximately normal with a mean of 9 rolls and a standard deviation of 4 rolls. Lead time is 4 days and the desired service level is 98 percent. The order interval is 12 days. What's the expected demand during the order interval and lead time? 33 rolls 53 rolls 137 rolls 144 rolls What would have been the desired service level if an order quantity of 142 rolls were placed when the stock on hand is 30 rolls? (Assume: amount on order and backorder is zero). 95% 96% 97% 99% I WILL RATE YOU HELPFUL. PLEASE HAVE MERCY AND ANSWER ALL THE QUESTIONS ABOVE. THANK YOU!
A hospital orders surgical supplies using a fixed order interval system. Suppose that just prior to ordering, a check of rolls of gauze bandages shows that there are 40 currently on hand. Suppose also that these rolls have a daily usage that is approximately normal with a mean of 9 rolls and a standard deviation of 4 rolls. Lead time is 4 days and the desired service level is 98 percent. The order interval is 12 days.
A hospital orders surgical supplies using a fixed order interval system. Suppose that just prior to ordering, a check of rolls of gauze bandages shows that there are 40 currently on hand. Suppose also that these rolls have a daily usage that is approximately normal with a mean of 9 rolls and a standard deviation of 4 rolls. Lead time is 4 days and the desired service level is 98 percent. The order interval is 12 days. How many rolls of gauze bandages should be ordered for this period?
A hospital orders surgical supplies using a fixed order interval system. Suppose that just prior to ordering,a check of rolls of gauze bandages shows that there are 40 currently on hand. Suppose also that theserolls have a daily usage that is approximately normal with a mean of 9 rolls and a standard deviation of 4rolls. Lead time is 4 days and the desired service level is 98 percent. The order interval is 12 days. How many units would be the safety stock? A. 13 rollsB. 33 rollsC. 53 rollsD. 137 rolls
A hospital orders surgical supplies using a fixed order interval system. Suppose that just prior to ordering, a check of rolls of gauze bandages shows that there are 40 currently on hand. Suppose also that these rolls have a daily usage that is approximately normal with a mean of 9 rolls and a standard deviation of 4 rolls. Lead time is 4 days and the desired service level is 98 percent. The order interval is 12 days. How many units would be the safety stock? *13 rolls33 rolls137 rolls53 rollsWhat's the expected demand during the order interval and lead time? *53 rolls144 rolls33 rolls137 rollsWhat would have been the desired service level if an order quantity of 142 rolls were placed when the stock on hand is 30 rolls? (Assume: amount on order and backorder is zero). *95%97%99%96%
First Printing has contracts with legal firms in SanFrancisco to copy their court documents. Daily demand is almost constantat 12,500 pages of documents. The lead time for paper delivery isnormally distributed with a mean of 4 days and a standard deviationof I day. A 97% service level is expected. Compute First's ROP
Consider a continuous review inventory system. Demand is normally distributed with an average of 28,000 per month and a monthly standard deviation of 4900 units. Lead time is 3 weeks (assume four weeks per month) (round Z-values, standard deviations to two decimal places). If the firm desires a(n) 90% cycle service level, it should hold enter your response here units of safety stock (round your response to the nearest integer).
Consider a periodic review system, where orders are placed every 21 days. The firm strives to provide a 94.41% cycle service level. Demand averages 415 units per day, and the standard deviation of demand per day is 107 units. Lead time is 10 days (round Z-values, standard deviations to two decimal places). a. How many units of safety stock should be held? units (round your response to the nearest integer). b. What should the target inventory level (order-up-to level) be? units (round your response to the nearest integer). c. Suppose that it is time to review the item. There are 158 units in inventory, and there is an outstanding backorder for 472 units. An order for 113 units is on the way. How many units should be ordered now? units (round your response to the nearest integer).
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A hospital orders surgical supplies using a fixed order interval system. Suppose that just prior to ordering, a check of rolls of gauze bandages shows that there are 40 currently on hand. Suppose also that these rolls have a daily usage that is approximately normal with a mean of 9 rolls and a standard deviation of 4 rolls. Lead time is 4 days and the desired service level is 98 percent. The order interval is 12 days. 1. What would have been the desired service level if an order quantity of 142 rolls were placed when the stock on hand is 30 rolls? (Assume: amount on order and backorder is zero). * 2. How many units would be the safety stock? *
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Wood County Hospital consumes 1,000 boxes of bandages per week. The price of bandages is $36 per box, and the hospital operates 52 weeks per year. The cost of processing an order is $12, and the cost of holding one box for a year is 20 percent of the value of the material. a. The hospital orders bandages in lot sizes of 700 boxes. What extra cost does the hospital incur, which it could save by using the EOQ method? (Enter your response rounded to two decimal places.) b. Demand is normally distributed, with a standard deviation of weekly demand of 100 boxes. The lead time is 3 weeks. Refer to the standard normal table for z-values. What safety stock is necessary if the hospital uses a continuous review system and a 95 percent cycle-service level is desired? (Enter your response rounded to the nearest whole number.)

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