Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 5, Problem 49AP
Summary Introduction
Interpretation:Number of handbags demanded are to be calculated.
Concept Introduction: Laplace distribution is a continuous probability distribution in which two independent exponential functions are evaluated. These exponential functions are independent of each other with different parameters
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A manufacturer sells a product in two regions. Weekly demand in each region is Normally distributed with mean 1,000 and standard deviation 300. Lead time is one week. Demand in the two regions has a correlation coefficient of -.35. They are considering two supply chain configurations: (1) A distribution center in each region, and, (2) a central distribution center that would serve demand from each region. Suppose they want to maintain a 95% service level (i.e. don’t stock out 95% of the time).
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F t = 80 + 15t
where
Ft = Annual sales (000 bottles)
t is in years
Are annual sales increasing or decreasing? By how much?
Firewire is a high-end manufacturer of surfboards. A surfboard is sourced at a cost of $80 and sold for $125 to surf shops in its home market (United States). One order is placed at the beginning of the summer season. Currently, Firewire disposes any unsold boards to their outlet store affiliates for $70. It costs $10 to hold a board in inventory for the entire season and ship it to outlet affiliates. Demand for this item is forecasted to be normally distributed with a mean of 4,000 units and a standard deviation of 1750 units.
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Chapter 5 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 5.2 - Prob. 1PCh. 5.2 - Prob. 2PCh. 5.2 - Prob. 4PCh. 5.3 - Prob. 7PCh. 5.3 - Prob. 9PCh. 5.3 - Prob. 12PCh. 5.5 - Prob. 16PCh. 5.5 - Prob. 18PCh. 5.6 - Prob. 21PCh. 5.7 - Prob. 24P
Ch. 5.7 - Prob. 25PCh. 5.7 - Prob. 26PCh. 5.7 - Prob. 27PCh. 5 - Prob. 28APCh. 5 - Prob. 31APCh. 5 - Prob. 32APCh. 5 - Prob. 33APCh. 5 - Prob. 37APCh. 5 - Prob. 38APCh. 5 - Prob. 40APCh. 5 - Prob. 41APCh. 5 - Prob. 43APCh. 5 - Prob. 44APCh. 5 - Prob. 45APCh. 5 - Prob. 46APCh. 5 - Prob. 47APCh. 5 - Prob. 48APCh. 5 - Prob. 49APCh. 5 - Prob. 50APCh. 5 - Prob. 51AP
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