Suppose the production manager is asked to reduce the, Operation Management

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Suppose the production manager is asked to reduce the

The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.10 per unit. Find the reorder point necessary to provide a 98% service probability.

Suppose the production manager is asked to reduce the safety stock of this item by 50%. If she does so, what will the new service probability be?Type your question here.

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Operation Management: Suppose the production manager is asked to reduce the

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Operation Management: Suppose the production manager is asked to reduce the

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Recent Questions Asked Operation Management

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Operation Management: Suppose the production manager is asked to reduce the

Reference No:- TGS0564162

Recent Questions Asked Operation Management

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