please show work!! Additional Algo 14-3 Standard Deviation of Demand Over Multiple Periods Each period, demand...

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Additional Algo 14-3 Standard Deviation of Demand Over Multiple Periods Each period, demand for apples is normally distribute

Additional Algo 14-1 Inventory Position For a particular item, a firm has established an order-up-to level of 235 units. Curr

Use Table 141 ACold Inc is a frozen food distributor with 10 warehouses across the country. Ivan Tory, one of the warehouse m

TABLE 14.1 The Distribution Function, F(z), and the Inventory Function, I(2), for the Standard Normal Distribution Function Z

business Operations-Management

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Answer 1

Answer #1

Answer to first question :

Standard deviation of 2 periods = Standard deviation of 1 period ×;square root ( 2 period ) = 70 x 1.414 = 98.98

Answer to 2nd question :

Quantity to be ordered = order upto level - quantity in stock _- Scheduled delivery = 235 - 65 ' 75 = 95

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Answer 2

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