a) The reorder point = enter your response here breads (round your response to the nearest whole number). b) The safety stock = enter your response here breads (round your response to the nearest whole number).
a) The reorder point = enter your response here breads (round your response to the nearest whole number). b) The safety stock = enter your response here breads (round your response to the nearest whole number).
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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Question
![Great Harvest bakery distributes an average of 1,000 breads per day to local
stores and restaurants. This demand is normally distributed with a standard
deviation of 95 breads per day. The baking firm who makes the bread requires
a 3-day lead time. The manager of Great Harvest expects a 96% service level to
satisfy high customer expectations. Refer to the standard normal table
N
0.38
0.50
0.67 75
1.28
0.84 80
1.41
1.04 85
1.56
Pr(Z)
1.65
65
1.75
69
2.33
90
92
94
95
96
2.06 98
99
a) The reorder point = enter your response here breads (round your response to
the nearest whole number).
b) The safety stock = enter your response here breads (round your response to
the nearest whole number).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae4e03ad-1db0-4d1e-933d-21faad72002f%2F31e49359-a915-4669-93ef-af712845584a%2F4krbn3r_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Great Harvest bakery distributes an average of 1,000 breads per day to local
stores and restaurants. This demand is normally distributed with a standard
deviation of 95 breads per day. The baking firm who makes the bread requires
a 3-day lead time. The manager of Great Harvest expects a 96% service level to
satisfy high customer expectations. Refer to the standard normal table
N
0.38
0.50
0.67 75
1.28
0.84 80
1.41
1.04 85
1.56
Pr(Z)
1.65
65
1.75
69
2.33
90
92
94
95
96
2.06 98
99
a) The reorder point = enter your response here breads (round your response to
the nearest whole number).
b) The safety stock = enter your response here breads (round your response to
the nearest whole number).
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