The optimal reorder point of Sweet Cream Dairy is 27.71 or 28 (rounded off) and Safety stock is 15. 91 or 16 gallons (rounded off)
Explanation:
the reorder point is to multiply the average daily usage rate for an inventory item by the lead time in days to replenish it.
The safety stock formula with standard deviation is more complicated but also more accurate.
Safety stock = desired service level × standard deviation of lead time × demand average
Safety stock = ( 93÷100) × 2.9 × 5.9 = 15. 91 or 16 gallons (rounded off)
Reorder Point = (Average Daily Usage x Average Lead Time in Days) + Safety Stock
= (5.9 x 2) + 15. 91 = 11.8 + 15.91 = 27.71 or 28 (rounded off)
The correct option is E). All of these choices are correct.
<h3>What trade barriers were imposed by Japan?</h3>
Along with the tariff barriers, Japan also have some non-tariff barriers that may impact commercial activity of foreign products into Japan.
Japan prohibited the imports of narcotics, firearms, explosives, and products that violate intellectual property laws.
Japan's tariff system offers lower and duty-free rates to those products which has been imported from developing countries.
Learn more about the trade barriers in Japan here:-
brainly.com/question/27863334
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Answer:
show them the steps to put the item together
Explanation:
Answer:
C. Letter C; demand exceeds supply, resulting in a shortage
Explanation:
I had put my answer as A on the test and got it wrong. But this is the correct answer C.
The equation<span> for </span>inventory turn over <span>equals the cost of goods sold or net sales divided by the average </span>inventory<span>.</span>
