Bell computers produces and stocks computer printers in its finished goods warehouse. These DDLT historical data are believed to be representative of future demand for one printer model.

I was able to figure out the first question but not the second and third.

1. If at least a 90 percent service level is to be provided for these printers a. what would be the order point? b. what would be the safety stock?
2. If the DDLT for the printer is actually normally distributed with a mean of 65 and a standard deviation of 10, and a 90 % service level: a. what is the order point? b. what is the safety stock?
3. If the lead time for these printers is so stable that the lead time can be a constant 6.5 days, the demand per day is normally distributed with a mean of 10 and a dtandard deviation of 2, and a 90% service level a. what is the order point? b. what is the safety stock?

So, order point = EDDLT + SS but i can't figure out how exactly to do this.

Solution Summary

Solutions shows calculations of order point and safety stock,

... inventory system, turnover ratio is calculated as 2 ... Note that the spreadsheet calculates total cost without ... Step 5: Calculate costs Ordering Cost ($ per unit ...

... EOQ=15000/30=50 Ordering Cost=Order Cost per order* Number of ... Solution describes the steps to calculate EOQ, annual holding costs, annual ordering...

... the number on hand when you calculate the number ... one of the constraint lines and calculating the intersection ... Table 6.6 and the EMV is calculated, the lowest ...

... quantity (Q*) is found when annual holding cost = ordering cost 3 ... 6120 b. What is the length of the order cycle? 71.58 Days c. Calculate the total weekly costs ...

... tan θ n = xn/L). How would you calculate a value ... This will be the point where those rays are focused ... The angle θn corresponding to the nth order maximum is ...

... The cost of placing an order is $100, and the time from ordering to receipt ... Solution describes the methodology to calculate reorder point in the given case. ...

... solution for part (c) is deliberately not shown, in order to encourage ... The isoelectric point (or pI) of an amino acid is the ... Step three: Calculate pI (see below ...

... You actually don't need much in the way of formulas here, however you need to leave enough room in order to record your scores and total possible points. ...

...Calculate re-order point. ... Keywords: inventory, position, reorder point, order quantity, safety stock ... costs typically include holding, ordering, shortage, and ...