To provide an 82% Service Level, the Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution. 12.55 2.94 0.92 1.25 1.40 0.32

Answers

Answer 1

The Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution. We can calculate the Reorder Point using the formula Reorder Point = μ + (Z-score * σ).

To provide an 82% Service Level, the Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution.

To calculate the Reorder Point, we need to consider the mean and standard deviation of the Demand During Lead Time distribution. The mean represents the average demand during the lead time, while the standard deviation measures the variability or spread of the demand.

Let's assume that the mean of the Demand During Lead Time distribution is μ and the standard deviation is σ. To determine the Reorder Point, we need to find the value that is a certain number of standard deviations to the right of the mean.

In this case, we want to achieve an 82% Service Level. This means that we want to have enough inventory on hand to meet the demand during the lead time with an 82% probability. To do this, we need to calculate the Z-score corresponding to the desired service level.

The Z-score represents the number of standard deviations a value is away from the mean. We can use a standard normal distribution table or a statistical calculator to find the Z-score associated with an 82% probability.

Once we have the Z-score, we can calculate the Reorder Point using the formula:
Reorder Point = μ + (Z-score * σ)

By substituting the values for the mean, standard deviation, and Z-score, we can find the Reorder Point.

To summarize, to provide an 82% Service Level, the Reorder Point must be standard deviations to the right of the mean of the Demand During Lead Time distribution. We can calculate the Reorder Point using the formula Reorder Point = μ + (Z-score * σ).

Learn more about standard deviations

brainly.com/question/13336998

#SPJ11


Related Questions

A census is a regularly-occurring and official count of a particular population. Census data available at the United States Census Bureau website are an example of:_______.
A. Private information
B. Public behavior
C. Private behavior
D. Public information

Answers

Considering the demographic information analysis, the Census data available at the United States Census Bureau website are an example of "public information."

What is Public Information?

Public Information is a term that is used to describe any information that is made available to the public regardless of the nature or format of the information.

Census Data as a Public Information

Given that Census data are posted to the United States Census Bureau website where anybody from anywhere in the world can access the information, this is an example of Public Information.

Hence, in this case, it is concluded that the correct answer is option D. Public Information.

Learn more about Public Information here: https://brainly.com/question/2177649

Can't we run a business without training?

Answers

yes definitely.......

so whos gonna help me with my family and consumer science finals :/

Answers

that’s a great question. i need help with my finals too so i really couldn’t say

David Fisher, a recently retired corporate executive, is becoming restless in his new role and would like to make this transition smoother by participating in the business community in some limited manner. Since David is financially secure and primarily interested in some sort of volunteer work, he should consider becoming involved with which of the following SBA programs?

a. ACE
b. SBIC
c. SBDC
d. SBI
e. SCORE

Answers

Answer:

E. Score

Explanation:

Dave wants to buy a bike for $180. He has $40. Dave mows lawns for $10 per lawn.

Answers

Answer:

He needs to mow 14 lawns.

Explanation:

Answer:

if the question is to find out how much more money he needs the answer is $140. If the question is to see how many lawns he needs to mow the answer is 14 lawns.

Explanation:

What types of procedures in schools could benefit from TQM? If students are regularly late for classes, how can the school use TQM tools to help solve the problem?

Answers

TQM:514
SO THE ANSWER FOR THE TWM IS
393

Drag each tile to the correct location. Match each scenario to the appropriate form of business communication. Arty wants to talk with a coworker about providing support for another coworker. Samir wants to share an editing checklist he created with his team. Elena wants to quickly ask her team leader a question about a task she's working on. Rosanna needs to talk to an employee about his poor performance.

Answers

Answer:

digital messaging:

Samir wants to share an editing checklist he created with his team.Elena wants to quickly ask her team leader a question about a task she’s working on.

face-to-face or phone calls

Rosanna needs to talk to an employee about his poor performance.Arty wants to talk with a coworker about providing support for another coworker

"The market price average is decreasing daily; however, the level of declines relative to advances is falling. The market is reaching a(n):"

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

A) Overbought condition.

B) Oversold condition.

C) Breakout on the upside.

D) Breakout on the downside.

And the correct answer is the option B: Oversold condition.

Explanation:

To begin with, the name of "Oversold Condition" refers to the situation where the price of an asset has reach a certain level that is relative low in comparison with the prices that it has have before. That situation can last for a long period of time so the most prudent way to act in the eyes of a trader is to wait until the price base out and start increasing.

So that situation in where the market price average is decreasing and reaching to its bottom is called Oversold Condition.

Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35? Help please!

Answers

Answer:

Yes I think those over 35 invest in a market compared to people not 35, because they been though school, and have more experience in the market company.

Explanation:

to be considered an official record the document must be:

Answers

To be considered an official record, the document must be authentic and reliable, and it must be accepted as evidence in a legal or administrative proceeding.

What is an official document?

An official document is a document that is issued by a government agency, organization, or other official body and that is used to record or communicate information that is considered to be important or official in nature. Official documents can take many forms, including written documents, electronic records, and physical documents such as certificates, licenses, and diplomas.

They may be used to document a wide range of activities and transactions, including legal proceedings, government policies and regulations, financial transactions, and other official business. In general, official documents are considered to be authentic and reliable sources of information, and they are often accepted as evidence in legal or administrative proceedings.

Learn more about official document, here:

https://brainly.com/question/27899963

#SPJ5

When Canadians purchase American made DVDs, then for the U.S. economy...

a)consumption spending increases
b)investment spending increases
c)government purchases increase
d)export spending increases

Answers

When Canadians purchase American made DVDs, then for the U.S. economy was consumption spending increases. The correct option is (a).

What do you mean by the consumption spending?

Consumer spending is the total amount of money spent by people and families in an economy on finished goods and services for their own use and enjoyment.

All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.

According to Keynesian theory, consumption of goods and services results in a decrease in production if it does not boost the demand for such commodities and services.

Businesses will fire employees when production declines, which will increase unemployment. Thus, consumption influences an economy's revenue and output.

Therefore, when Canadians purchase American made DVDs, then for the U.S. economy was consumption spending increases.

To know more about the consumption spending, visit:

https://brainly.com/question/14318327

#SPJ1

a budget is a plan for spending money based on income, expenses and

Answers

Answer:

TRUE

Explanation:

budgets are made to help design a plan for spending

which of these options for saving money offers the lost liquidity?

Answers

The option of saving money that offers the most liquidity is a piggy bank. (option C)

What is liquidity?

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: https://brainly.com/question/15691477

#SPJ1

which of these options for saving money offers the lost liquidity?

Answer: Savings bonds

Explanation:

The following picture is best described as
a(n)...
A. Organism
B. Community
C. Population
D. Ecosystem

Answers

Answer:

organism

Explanation:

a gree fish is an organism

the and is A. organism

Why is it important to customers that sales are rung up differently? Why is it important to a retailer that sales are rung up accurately? Why is it important for sales to be rung up quickly?

Answers

It is important to customers that sales are rung up differently because accuracy in pricing and product information can affect their purchasing decisions and ensure that they are not overcharged. Customers also expect to receive the correct change and a clear and detailed receipt of their purchases.

What is the retailer  about?

It is important to a retailer that sales are rung up accurately for several reasons. Firstly, accuracy helps to maintain customer trust and loyalty by ensuring that they are not overcharged. Secondly, accurate sales records are crucial for the retailer to track their inventory and make informed business decisions.

Therefore, It is important for sales to be rung up quickly because it helps to minimize wait times for customers, improve the overall shopping experience, and increase the number of customers that can be served in a given time period.

Learn more about retailer from

https://brainly.com/question/25376778

#SPJ1

In what three ways does the government affect production of goods and services in the US economy?

Answers

Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services

the whole world is currently in a recession. if neither the governments nor the central banks intervened in the economy, what will happen in the long run? g

Answers

If neither the government nor the central banks will intervene, then the input prices will fall and the SRAS curve shifts to the right.

SRAS curve may be defined as the curve that shows the relation between price level and the GDP of an economy. As the price level increases on the curve the GDP produced by the economy will also increase. Recession is defined as a situation where the economy or the business of a particular country is in loss or is in a bad shape. If a country is undergoing recession, then it is the job of the government of the country to help the people of the country to come out of this phase. If the government fails to do so then, there are central banks like the World bank which provides loans to countries who are struggling with economic recession. If the central banks did not help a country, then the conditions of the country will be very poor. People will have no money to buy bread, they will lose their jobs, crimes will increase as a result of unemployment, trade and other economic factors will deteriorate.

Learn more about Recession at:

brainly.com/question/11463435

#SPJ4

Complete Question:

the whole world is currently in a recession. if neither the governments nor the central banks intervened in the economy, what will happen in the long run?

a. Input prices fall and the SRAS curve shifts to the right

b. Input prices rise and the SRAS curve shifts to the left

c. Input prices fall and the AD curve shifts to the right

d. Input prices rise and the AD curve shifts to the left

e. Goods and services prices will fall and AD curve will shift back to its

   original pre-recession position.

When you or someone else buys clothing or items produced in a foreign country, who benefits?
Explain your answer.

Answers

Is there a right or wrong answer ? Because I feel like in a way they do because they are finding work and yeah it might not be much but in those areas it’s really poor and anything can help but at the same time no because they hire children that should be in school trying to get an education and it’s only you benefiting it because it’s something you want

this is for you so i dont feel bad

Answers

Ok thank you very much

issues regarding potential threat from substitute products in a market are addressed in ________.

Answers

Issues regarding potential threats from substitute products in a market are addressed in competitive analysis or competitor analysis. Competitive analysis is a process that involves evaluating the competitive landscape and identifying factors that may impact a company's market position and performance.

Within competitive analysis, the examination of substitute products is an important aspect. Substitute products are goods or services that can fulfill similar customer needs or serve as alternatives to a company's offerings. They may come from different industries or sectors but can compete with the company's products by providing similar benefits or satisfying the same customer demands. Identifying and assessing substitute products is crucial for understanding the competitive dynamics of a market.

To know more about substitute products in a market, click here:-

https://brainly.com/question/30281155

#SPJ11

Why is Netflix's stocks going down?

Answers

Answer:

Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.

Explanation:

Hope this helpes.

y'all anyone have any name ideas for a brand for race cars

im kinda lost right now so any suggestions would be cool I could start from there and evolve

Answers

Answer:

turbo rush

Explanation:

Write donw the financial statement that shows the firm's bottom line that is, whether it has made a profit or is operating at a loss?

Answers

The financial statement that shows whether a firm has made a profit or is operating at a loss is the income statement, also known as the profit and loss statement.

This statement provides a summary of a company's revenues, expenses, and net income over a specific period of time, typically a quarter or a year. If the net income is positive, it indicates that the firm has made a profit. Conversely, if the net income is negative, it means that the firm is operating at a loss. The income statement is an essential tool for investors, creditors, and other stakeholders to assess a company's financial health and performance. The Income Statement provides a clear view of a firm's financial performance over a specific period, revealing whether it is profitable or operating at a loss.

Learn more about income here:

https://brainly.com/question/30462883

#SPJ11

Explain if you believe all businesses should have the same promotional strategies.

Answers

Answer:

All businesses today have plenty of choices to promote their products or services. In order to create your brand's promotion, it is necessary to, first of all, have a good idea of what makes your product or service unique and what makes you differ from others in the competitive field – this helps you to discover how to promote your company.

Explanation:

Advertising is far-reaching, which allows a large number of people to promote their business. TV, radio, newspapers, magazines, billboards are traditionally included. Social media, ad search ads, notebooks, e-mail are included. These help to build a brand image to reach new and existing customers for companies.

Whilst personal sales are one of the most costly forms of promotion, they are also one of the most effective because they are related. Personal sales involve one person, in person, on the phone, or by e-mail, reaching your consumers.

Public relations, which involves developing a positive brand image in the media, are one of the best promotion techniques. It is a means of reaching your target audience through the sharing of favorable business information. Public relations efforts can be undertaken through press conferences, press releases, and media interviews.

In the short term, a sale promotion is a good way to improve your profit. Such promotion involves discounts, coupons, competitions, awards, loyalty programs, and other incentives that entice customers directly to purchase products.

What is the definition of a team? What is teamwork? Why is learning to work well with others important in life? What is one issue that hinders you from wanting to work with other people? What is one thing you can change so you can be successful when working in teams?

Answers

Answer:

Team work is when every one comes together to do or accomplish something and the definition of team is a group of people that play for the same thing it's important in life because when you get into the real world you will have to work with other people even if you don't like them one issue that hinders you from wanting to work with other people is you don't like those other people one thing you can change so you can be successful when working in teams is try to get along with everyone else on the team.

The relationship, or ratio, between a product's perceived benefits and the consumer's costs is known as its

Answers

The relationship, or ratio, between a product's perceived benefits and the consumer's costs is known as its perceived value.

Perceived value refers to the subjective assessment that customers make of the benefits they receive from a product or service relative to its cost. It is the perceived worth of a product or service in the eyes of the customer. Perceived value is influenced by a range of factors, including the quality of the product or service, its functionality, design, features, and brand reputation, as well as the price and other costs associated with the product or service. Customers often make comparisons between different products or services in order to assess their perceived value. For businesses, understanding perceived value is important because it can have a significant impact on customer satisfaction, loyalty, and purchasing behavior.

Learn more about perceived value here:

https://brainly.com/question/24233260

#SPJ11

Given the following information, calculate the effective borrowing cost (rounded to the nearest tenth of a percent). Loan amount: $166,950, Term: 30 years, Interest rate: 8 %, Monthly Payment: $1,225.00, Discount points: 2, Other Closing Expenses: $3,611.
A. 7.7%
B. 8.2%
C. 8.5%
D. 9.1%

Answers

To calculate the effective borrowing cost, we need to consider the loan amount, term, interest rate, monthly payment, discount points, and other closing expenses.

Here's a step-by-step explanation:

1. Calculate the total discount points cost:
Loan amount × Discount points percentage = $166,950 × 0.02 = $3,339.

2. Calculate the total closing costs:
Discount points cost + Other closing expenses = $3,339 + $3,611 = $6,950.

3. Adjust the loan amount to account for closing costs:
Loan amount - Total closing costs = $166,950 - $6,950 = $160,000.

4. Calculate the total interest paid over the term of the loan:
(Monthly payment × Number of payments) - Adjusted loan amount = ($1,225 × 360) - $160,000 = $441,000.

5. Calculate the average annual interest paid:
Total interest paid ÷ Term = $441,000 ÷ 30 = $14,700.

6. Calculate the effective borrowing cost:
(Average annual interest paid ÷ Adjusted loan amount) × 100 = ($14,700 ÷ $160,000) × 100 ≈ 9.2%

The effective borrowing cost is approximately 9.2%, which is closest to option D (9.1%).

To know more about borrowing cost refer here: 

https://brainly.com/question/31358281

#SPJ11

A variable can be called or referenced before it has been defined.
O True
O False

Answers

Answer:

True.

Explanation:

private property, profits, independent business decisions, and choice are rights associated with

Answers

Private property is the right of individuals to own and control their possessions. These rights are associated with individual liberty, as they allow individuals to exercise their autonomy and pursue their own goals and interests.

This means that individuals have the freedom to acquire, use, and dispose of their property as they see fit. Profits are the earnings that are generated through private enterprises. When individuals engage in business activities, they have the potential to make profits, which provides them with financial rewards for their efforts.

Independent business decisions refer to the freedom of entrepreneurs to make choices regarding their business operations without interference from external forces such as the government. This allows entrepreneurs to respond to market demands and make decisions that are best for their businesses.

Choice is the right of individuals to make decisions about their lives and to pursue their own interests. This includes the ability to choose where to live, where to work, and what products or services to purchase.

You can learn more about Private property at: brainly.com/question/29613081

#SPJ11

which of the following statements is true? i. the two principal goals of macroeconomic policy are price stability and low frictional unemployment. ii. the primary goals of macroeconomic policy are price stability and low unemployment. iii. in order to achieve the two primary goals of macroeconomic policy of price stability ad low unemployment, it is necessary for policy makers to reduce the level of frictional unemployment.

Answers

Maximizing the standard of living and achieving stable economic growth are macroeconomics' main objectives

What is the main objective of macroeconomics?Economic indicators are a reliable source of data for monitoring macroeconomic performance.We spoke about how nations have economic objectives including efficiency and equity.Three of these objectives—economic growth, price stability, and full employment—are given more attention in macroeconomics.The following are the macroeconomic objectives of a country's policymakers or government:high real growth rate.Price stability and inflationary management.High employment rate and low unemployment rate that is close to the natural rate of unemploymentA subfield of economics known as macroeconomics studies the composition, functioning, and behavior of the entire economy.It concentrates on topics such as inflation, economic growth, prices of different goods and services, gross domestic product (GDP), national income, and the unemployment rate in a specific nation.

To learn more about macroeconomics refer

https://brainly.com/question/3558688

#SPJ4

Other Questions
Please help!!!!!Solve for X(Ignore the 4) If an object has a mass of 3.5 kg and is accelerating at 15 km/hr2 , what is its force? (be sure to label your answer.) Copernicus said that the rotation of the Earth on its axis caused the(A) phases of the Moon.(B) retrograde motion of the planets.(C) eclipses of the Moon(D) motion of the Sun along the ecliptic.(E) daily motions in the heavens. What is the radius and diameter of the following circle? radius ==equals \text{cm}cmstart text, c, m, end text diameter ==equals \text{cm}cm the circle says 11cm -6a + 24b - (9b-a)I have to combine like terms in the mythical country alpha, an entrepreneur has introduced a new technology that makes manufacturing twice as efficient as before. how is this likely to affect the production possibilities frontier? 1. Given that ADEFAABC, determine the length of side DF.A15 Solve the following equation 46x7=1 x= log8log6 x= log2log6 x= log6log8 x= log6log2 A group of investigators carried out a theoretical study of the behavior of a dimeric protein during gel filtration (also called size-exclusion) chromatography. A dimer may exist in a dynamic equilibrium with its monomeric units as described by the following equation: A+AA2 The investigators deteined that when the association (forward) and dissociation (reverse) rates were slow, two peaks appeared on the chromatogram, one corresponding to the dimer and one corresponding to the monomer. (a) Which species would elute first, A or A2 ? (b) Glance ahead at part (e) of this question, which shows a size-exclusion chromatogram. Sketch what such a chomatogram would look like for the above equilibrium (involving A and A2 ) if the association rate is much faster than the dissociation rate. (c) Sketch what the chromatogram would look like if the association rate is much slower than the dissociation rate. (d) Sketch what the chromatogram would look like if the mixture is diluted by a lot? Added later: assume that before dilution, the intensities of the dimer and monomer peaks are the same. Which of the following are reduction half-reactions? (Select all that apply)a) S2O3^2- --> S4O6^2-b) C2O4^2- --> CO3^2-C) NO3- --> NOd) Cl2 --> Cl -e) Al --> Al^3+f) Cr2O7^2- --> Cr^3+ 7. First drop down menu answer choices A. Circumcenter B. IncenterC. Centroid D. Orthocenter Second drop down menu answer choices A. Sides B. Vertices C. Midpoints of the sides The sail and mast of a sailboat form a right triangle.What is the height of the mast on the sailboat? height 20m width 12m Question 7 of 34Which system does the endocrine system interact with to regulate waterlevels in the body?O A. Respiratory systemO B. Excretory systemO C. Reproductive systemO D. Digestive system find the the slope and y-intercept of the linear equationy = -6x + 2 if japan does not have a comparative advantage in producing rice, what would be the consequence of adopting a japanese policy reducing or eliminating imports of rice into the country? Net Income at the end of this year was RM55,800 and the firm's dividend pay-out ratio was 30%. What are the retained earnings for the year? Select one: OA. O RM188,830 B. RM211,150 RM16,740 D. RM39,060 0 . O Describe the pros and cons of using a well-known individual as a spokesperson. Research a current ""real world"" celebrity spokesperson (endorsements). Explain what this spokesperson does for the product/service or company he or she represents. Address the benefits of having this individual become the ""face"" of the organization and address if there are challenges you believe the organization could encounter because of this individual. What can be done to minimize those challenges? being able to separate patient examinations into their individual parts and to determine the relationship of each part to the patient's symptoms and clinical history is an example of !please help!32. How does the polar head and non-polar tails of a phospholipid allow phospholipid bilayers to form the cellmembrane? Which of the following reactions would you find in a radioisotope thermal generator?