In reorder point system, In a reorder point system, the

In reorder point system

Reference no: EM13264140

In a reorder point system, the demand rate for gizmos is normally distributed, with an average of 250 units per week. The lead time is 7 weeks. The standard deviation of weekly demand is 25 units.

a.) What is the standard deviation of demand during the 7 week lead time?

b.) What is the average demand during the 7 week lead time?

c.) What reorder point results in a service level of 99.25%?

d.) What is the total amount of safety stock?

e.) How would safety stock change with a service level of 90%?

Reference no: EM13264140

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