8) CAL Electronic ware house sale AAA batteries, and is very popular item. Demand for this...
8) CAL Electronic ware house sale AAA batteries, and is very popular item. Demand for this is normally distributed. Average demand was 40 packs per day and a standard deviation of 12. Lead time is constant and which is 4 days. A 95% service level was desired.
A) 436
B) 200
C) 295
D) 310
E) 356
Homework Answers
DEMAND = 40
STDEV DEMAND = 12
SERVICE LEVEL = 95, CORRESPONDING Z VALUE 1.65
LEAD TIME = 4
REORDER POINT = (DEMAND * LT) + SAFETY STOCK
SAFETY STOCK = Z * STANDARD DEVIATION OF DEMAND * SQRT(LEAD
TIME)
SAFETY STOCK = 1.65 * 12 * SQRT(4) = 39.36 OR 40
ROP = (40 * 4) + 40 = 200
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