subject
Business, 21.11.2019 02:31 kieante01

The annual demand for a product is 16,600 units. the weekly demand is 319 units with a standard deviation of 95 units. the cost to place an order is $28.50, and the time from ordering to receipt is two weeks. the annual inventory carrying cost is $0.10 per unit. a. find the reorder point necessary to provide a 98 percent service probability. (round your answer to the nearest whole number.) reorder point b. suppose the production manager is asked to reduce the safety stock of this item by 50 percent. if she does so, what will the new service probability be? (round your answer to 3 decimal places.) service probability

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
question
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
question
Business, 22.06.2019 20:30
The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.
Answers: 3
question
Business, 23.06.2019 00:30
Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36
Answers: 2
You know the right answer?
The annual demand for a product is 16,600 units. the weekly demand is 319 units with a standard devi...
Questions
question
Chemistry, 24.01.2020 18:31
Questions on the website: 13722363