Multiple Choice
A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 5 trays and standard deviation of 1 tray. If the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray) ? Assume doughnuts have no salvage value after the day is complete.
A) 5
B) 4
C) 6
D) 7
E) unable to determine with the above information
Correct Answer:
Verified
Correct Answer:
Verified
Q220: What is a reorder point?
Q221: Several inventory models assume "independent demand." Explain
Q222: Consider a supply chain where a manufacturer
Q223: If the standard deviation of demand is
Q224: In cycle counting, the frequency of item
Q226: The main trait of a single-period model
Q227: In the disaster risk decision tree model,
Q228: What are the assumptions of the EOQ
Q229: Thomas' Bike Shop stocks a high-volume item
Q230: What is the difference between P and