DaShu is a retailer store that sells T-shirts to its customers. Suppose the customer demand in a month is normally distributed with a mean of 1000 units and standard deviation of 300 units. The DaShu wants to ensure the probability that it can satisfy all the demand is greater than 90%. What should be the minimum inventory level to achieve this goal (choose the closest number)? O 1250 O 1284 1387 O 1395 O 1495 Question 6 Back to the DaShu example in Question 5. If DaShu orders 1400 units of inventory, what is the probability that there will be some leftover inventory? What is the probability that there will be some lost sales? O P1 - 0.9082, P2-0.0918 P1-0.9425, P2-0.0475 P1- 0.9525, P2-0.0475 O P1 - 0.0918, P2-0.9082 O P1 - 0.9905, P2-0.0095

DaShu is a retailer store that sells T-shirts to its customers. Suppose the customer demand in a month is normally distributed with a mean of 1000 units and standard deviation of 300 units. The DaShu wants to ensure the probability that it can satisfy all the demand is greater than 90%. What should be the minimum inventory level to achieve this goal (choose the closest number)? O 1250 O 1284 1387 O 1395 O 1495 Question 6 Back to the DaShu example in Question 5. If DaShu orders 1400 units of inventory, what is the probability that there will be some leftover inventory? What is the probability that there will be some lost sales? O P1 - 0.9082, P2-0.0918 P1-0.9425, P2-0.0475 P1- 0.9525, P2-0.0475 O P1 - 0.0918, P2-0.9082 O P1 - 0.9905, P2-0.0095

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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= = +E v No Spacing Normal Aav Replace Heading 1 Reuse Dictate Editor Files Paragraph Styles Editing Reuse Files Voice Editor Item SKU A3378 has a demand that is normally distributed during the lead time, with a mean of 360 units and standard deviation 9999 of 12. If Hinsdale cannot have stockouts in more than 10% of the time in any order, how much safety stock should be maintained and at what reorder point? 1. SKU F5402: daily demand is normally distributed with a mean of 16, standard deviation of 4, lead time is 4 days, and must operate at a 95% service level. 2. SKU B7319: daily demand is constant at 24 units per day, lead time is normally with a mean of 6 days and standard deviation of 2 days, and must operate at a 95% service level. 3. SKU F9004: daily demand is normally distributed with a mean of 21 units and a standard deviation of 3 days. The lead time is also normally distributed with a mean of 4 days, standard deviation of 2 days, and a service level of 90% is required. Text…
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