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Dennis_Churaev [7]
2 years ago
13

Moonbeam-Musel (MM), a manufacturer of small appliances, has a large injection molding department. Because MM's CEO, Crosscut Sa

l, is a stickler for keeping machinery running, the company stocks quick-change replacement modules for the two most common types of failure. Type A modules cost $150 each and have been used at a rate of about 7 per month, while type B modules cost $15 and have been used at a rate of about 30 per month, and for simplicity we assume a month is 30 days. Both modules are purchased from a supplier; replenishment lead times are one month and one-half month (15 days) for modules 1 and 2, respectively.
Required:
Suppose MM wishes to follow a base stock policy. Assuming that demand is Poisson-distributed, calculate the base stock levels for type A and type B modules in order to ensure a fill rate of at least 98 percent for each module. What is the expected total inventory level (in dollars)?
Engineering
1 answer:
forsale [732]2 years ago
7 0

Answer: Because MM's CEO, Crosscut Sal, is a stickler for keeping machinery running, the company stocks quick-change replacement modules for the two most common ..

Explanation:

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3 years ago
Five hundred gallons of 89-octane gasoline is obtained by mixing 87-octane gasoline with 92-octane gasoline. (a) Write a system
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a) The total volume equals the sum of the volumes.

500 = x + y

The total octane amount equals the sum of the octane amounts.

89(500) = 87x + 92y

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b) desmos.com/calculator/ekegkzllqx

As x increases, y decreases.

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6 0
3 years ago
Shortly after the introduction of a new​ coin, newspapers published articles claiming the coin is biased. The stories were based
garik1379 [7]

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(a) 0.12924

(b) Taking into consideration significance level of 0.05 yet the value of p is greater than 0.05, it suggests that the coin is fair hence the coin can be used at the beginning of any sport event.

Explanation:

(a)

n=200 for fair coin getting head, p= 0.5

Expectation = np =200*0.5=100

Variance = np(1 - p) = 100(1-0.5)=100*0.5=50

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(b)

Taking into consideration significance level of 0.05 yet the value of p is greater than 0.05, it suggests that the coin is fair hence the coin can be used at the beginning of any sport event.

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