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Problem 13 Question Help One of the products stocked by a Sam's Club store is Sams...
A store wants to ensure a shelf full of marshmallow peeps as the holiday season approaches....
A store wants to ensure a shelf full of marshmallow peeps as the holiday season approaches. Daily demand for peeps is normally distributed with a mean of 25 and a standard deviation of 5. Lead time is 3 days and the store intends a 90% service level. What is their reorder point?
You are the manager at a furniture store. One of your products is a chair. Weekly...
You are the manager at a furniture store. One of your products is a chair. Weekly demand for the chair is normally distributed with mean 40 and standard deviation 20. The lead time from the assembly plant to your store is two weeks and you order inventory replenishments weekly. You use the base-stock level policy to control inventory. 1)Suppose your base-stock level is 220. You are about to place an order and note that your inventory level is 160 and...
The daily demand for Superco's grocery store for bananas is normally distributed with a mean of...
The daily demand for Superco's grocery store for bananas is normally distributed with a mean of 60 and a standard deviation of 13.5. Superco's would like to keep a service level of 98%. Additionally, the lead time for new shipments of bananas is 9 days. What is the optimal reorder point for bananas at Superco? 652 612 624 426
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous...
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.25 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. Demand 96 bags/week Order cost- $58/order >Annual holding cost 26 percent of cost > Desired cycle-service level 90 percent > Lead time 1 week(s) (7 working days) > Standard deviation of weekly demand 13 bags >Current on-hand...
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous...
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.75 per bag. The following information is available about these bags. Demand = 95 bags/week Order cost = $58/order Annual holding cost = 25 percent of cost Desired cycle@service level = 90 percent Lead time = 4 weeks (28 working days) Standard deviation of weekly demand = 16 bags Current on-hand inventory is 315 bags, with...
Sam's Cat Hotel operates 52 weeks per year and uses a continuous review inventory system. It...
Sam's Cat Hotel operates 52 weeks per year and uses a continuous review inventory system. It purchases kitty litter for $10.75 per bag. The following information is available about these bags. Demand = 85 bags/week Order cost = $57/order Annual holding cost = 26% of cost per bag Desired cycle-service level = 90% Lead-time = 2 weeks Standard deviation of weekly demand = 18 bags What is the economic order quantity (EOQ) for kitty litter? What would be the average...
last two of my answers are incorrect. please help! Problem 13-31 A drugstore uses fixed-order cycles...
last two of my answers are incorrect. please help!
Problem 13-31 A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The order interval is 11 days, and lead time is 3 days. Average demand for one item is 65 units per day. and the standard deviation of demand is 6 units per day. Given the on-hand inventory at the reorder time for each order cycle shown in the following...
Mr. Smith runs a world-food wholesale store in Nottingham. One of the items he orders from the Far East is Sriracha hot sauce. Every pack costs £10 and requires a six-month lead time for replenishment...
Mr. Smith runs a world-food wholesale store in Nottingham. One of the items he orders from the Far East is Sriracha hot sauce. Every pack costs £10 and requires a six-month lead time for replenishment. Mr. Smith uses a 20% annual interest rate to compute holding costs. Estimated ordering cost is £50. During the six-month replenishment lead time, Mr. Smith estimates that he sells an average of 100 packs of sauce, but there is substantial variation from one six-month period...
Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean...
Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150. Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5,000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. If...
Problem 2 - Bookmatch Question Help * Mountain Mouse makes freeze-dried meals for hikers. One of...
Problem 2 - Bookmatch Question Help * Mountain Mouse makes freeze-dried meals for hikers. One of Mountain Mouse's biggest customers is a sporting goods superstore. Every 5 days, Mountain Mouse checks the inventory level at the superstore and places an order to restock the meals. These meals are delivered by UPS in 2 days. Average demand during the reorder period and order lead time is 100 meals, and the standard deviation of demand during this same time period is about...
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.25 per bag. The following information is available about these bags. Refer to the standard normal table for z-values. Demand 96 bags/week Order cost- $58/order >Annual holding cost 26 percent of cost > Desired cycle-service level 90 percent > Lead time 1 week(s) (7 working days) > Standard deviation of weekly demand 13 bags >Current on-hand...
Sam's Cat Hotel operates 52 weeks per year, 7 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.75 per bag. The following information is available about these bags. Demand = 95 bags/week Order cost = $58/order Annual holding cost = 25 percent of cost Desired cycle@service level = 90 percent Lead time = 4 weeks (28 working days) Standard deviation of weekly demand = 16 bags Current on-hand inventory is 315 bags, with...
last two of my answers are incorrect. please help!
Problem 13-31 A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The order interval is 11 days, and lead time is 3 days. Average demand for one item is 65 units per day. and the standard deviation of demand is 6 units per day. Given the on-hand inventory at the reorder time for each order cycle shown in the following...
Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150. Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5,000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. If...
Problem 2 - Bookmatch Question Help * Mountain Mouse makes freeze-dried meals for hikers. One of Mountain Mouse's biggest customers is a sporting goods superstore. Every 5 days, Mountain Mouse checks the inventory level at the superstore and places an order to restock the meals. These meals are delivered by UPS in 2 days. Average demand during the reorder period and order lead time is 100 meals, and the standard deviation of demand during this same time period is about...
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