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  3. a drugstore uses fixed-order cycles for many of th

A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a...

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General Management

A drugstore uses fixed-order cycles for many of the items itstocks. The manager wants a service level of .95. The orderinterval is 10 days, and lead time is 2 days. Average demand forone item is 61 units per day, and the standard deviation of demandis 4 units per day. Given the on-hand inventory at the reorder timefor each order cycle shown in the following table. Use Table. CycleOn Hand 1 36 2 8 3 91 Determine the order quantities for cycles 1,2, and 3: (Round your answers to the nearest whole number) CycleUnits 1 2 3

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4.0 Ratings (434 Votes)
Given valuesService level 095Average demand d 61 units perdayTime between orders T 10daysLead time L 2 daysStandard deviation of demandd 4 units per daySolutionUsing    See Answer
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