Lead time for one of your fastest-moving products is deterministic and equal to 21 days. Demand during this period is normally distributed. The average demand equals 100 units per day. What would be the reorder point under the (Q, R) policy with the required service level being 70%? A Less than 2100 units B Equal to 2100 units C More than 2100 units D We do not have enough information to decide
Lead time for one of your fastest-moving products is deterministic and equal to 21 days. Demand during this period is normally distributed. The average demand equals 100 units per day. What would be the reorder point under the (Q, R) policy with the required service level being 70%? A Less than 2100 units B Equal to 2100 units C More than 2100 units D We do not have enough information to decide
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Lead time for one of your fastest-moving products is deterministic and equal to 21 days. Demand during this period is
A Less than 2100 units
B Equal to 2100 units
C More than 2100 units
D We do not have enough information to decide
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