Multiple Choice
A product's usage is normally distributed with a weekly average demand of 2,000 units and a weekly standard deviation of 125.The lead time for the product is 4 weeks.If the company would like to have a service level of 90% for this product then the reorder point is approximately
A) 8,320 units.
B) 9,218 units.
C) 10,134 units.
D) 11,244 units.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: The _ classification system classifies inventory according
Q50: Receiving,handling,and shipping costs are examples of<br>A)shortage costs.<br>B)carrying
Q51: List several types of uncertainty that may
Q52: Dependent demand items are typically products for
Q53: When demand is uncertain,a safety stock is
Q55: The objective of inventory management is to
Q56: Annual demand for a product is 40,000
Q57: In ABC analysis,each class of inventory requires
Q58: What is the inventory ordering cost using
Q59: _ demand items are used in the