An electronic manufacturer in San Francisco receives its motherboards from a supplier in Hong Kong. The lead time for orders is 3weeks. One of their board costs $16 per unit and the holding cost for this board is $0.5 per week. They manage their inventory toachieve a 97 percent in-stock probability. Weekly demand is for 150 boards with a standard deviation of 200.Use the following table when needed:In-stock probability99%98%97%96%Z value2.332.051.881.75a. How many boards do they have on on order on average?boardsb.How many boards do they have on hand on average?boardsc. For this board what is the total holding cost incurred per week?per week(Round your answer to 2 decimal places.)d.What is the holding cost they incur per board?per board

Given Data Lead time (LT) = 3 weeks Cost = $16 per units Holding cost (H) = $0.5 per week…

Answered: An electronic manufacturer in San…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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