What value of Z should be applied? ▼ 1.28? 2.06? 1.04? or 1.65? Part 3 b) How many drives should be carried as safety stock? ___________ units (round your response to the nearest whole number). Part 4 c) What is the appropriate reorder point? _________ units (round your response to the nearest whole number).
What value of Z should be applied? ▼ 1.28? 2.06? 1.04? or 1.65? Part 3 b) How many drives should be carried as safety stock? ___________ units (round your response to the nearest whole number). Part 4 c) What is the appropriate reorder point? _________ units (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...
Related questions
Question
Based on available information, lead time demand for PC jump drives averages
50
units (normally distributed), with a standard deviation of
5
drives. Management wants
a
98%
service level. Refer to the
standard normal table
for z-values.Part 2
a) What value of Z should be applied?
▼
1.28?2.06?
1.04?
or 1.65?
Part 3
b) How many drives should be carried as safety stock?
___________
units (round your response to the nearest whole number).Part 4
c) What is the appropriate reorder point?
_________
units (round your response to the nearest whole number).
Transcribed Image Text:Z-Table
888888888p
NN
Print
(2)¹
382888888888
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