Home / Expert Answers / Operations Management / im-61-demand-for-etched-impressions-wood-products-averages-35-units-per-day-with-a-standard-deviatio-pa636

(Solved): IM.61 Demand for Etched Impressions Wood products averages 35 units per day with a standard deviatio ...



IM.61 Demand for Etched Impressions Wood products averages 35 units per day with a standard deviation of daily demand being 6. Lead time is 7 days. This IBC company strives for a 85% service level. What is the Z-value for the company's desired service level? (Display your answer to two decimal places.) Number What is the standard deviation of demand during the lead-time period? (Display your answer to two decimal places.) Number How many units of wood should Etched Impressions carry for safety stock? (Display your answer to two decimal places. Hint: Make sure that your calculation for safety stock uses a cell reference to the Z-value and not merely the number, rounded to two decimal places, that is in the Z-value field. Number What is the appropriate reorder point for Etched Impressions? (Display your answer to two decimal places.) Number



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe