Demand for ice cream at the Ouachita Dairy can be approximated by a normal distribution with a mean of 47 gallons per day and a standard deviation of 8 gallons per day.The new management desires a service level of 95%.Lead time is four days;the dairy is open seven days a week.What reorder point would be consistent with the desired service level?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q107: Service level is the complement of the
Q116: A toy manufacturer makes its own wind-up
Q118: Clement Bait and Tackle has been buying
Q119: A specific product has demand during lead
Q120: The annual demand for an item is
Q123: Daily demand for a product is normally
Q124: If daily demand is normally distributed with
Q125: If daily demand is constant at 10
Q126: Huckaby Motor Services,Inc.rebuilds small electrical items such
Q129: If a safety stock problem includes parameters
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents