Answer:
R = 2414 units
0.794
Step-by-step explanation:
Given:
Weekly demand, D = 331 units
Lead time (L)= 6 weeks
Standard Deviation (SD) = 85 units
The reorder point is calculated using the relation :
R = D*L + z*(SDw)
SDw = the standard deviation with lead time of 6 weeks ; √6 * 85 = 208.21
z = NORMSINV(0.98) = 2.05
R = (331 * 6) + (2.05 * 208.21)
R = 1986 + 428.122
R = 2414.122
R = 2414 units
The Safety stock, SS
SS = z * SDw
SS = 2.05 * 208.21
SS = 426.8305 units
60% reduction :
426.8305 * (1 - 60%)
= 170.7322
= 171 units
The new service probability ;
SS = z * SDw
171 = z * 208.21
z = 171 / 208.21
z = 0.82
P(Z < 1.02) = 0.7938 = 0.794 = 79.4%
Answer:
the fourth choice
Step-by-step explanation:
i-ready makes the answers ez
Answer:
3/8
Step-by-step explanation:
1 - 1/4 = 3/4
1/2 of 3/4 = 3/8
