If daily demand is constant at 10 units per day, and lead time averages 12 days with a standard deviation of 3 days, 95 percent service requires how much safety stock?
A) 28 units
B) 30 units
C) 49 units
D) 59 units
E) 114 units
C
You might also like to view...
A business maintains subsidiary accounts for each of its customers. On April 7, the business provides $2,500 in services to Anne Hill on account. The business sells $4,000 (sales price) of merchandise inventory to Ron Wilson on account.
The full amount was collected from each customer on April 26.
Prepare the journal entries for April 7 and April 26. Ignore Cost of Goods Sold and omit explanations.
Vegan restaurants are a good example of which strategy?
a. low-price provider b. differentiation c. market-niche d. brand image
A product line is most likely too long if managers can ________
A) decrease costs by adding items B) increase market share by adding items C) increase profits by dropping items D) decrease costs by dropping items E) increase profits by adding items
If a firm's sales index in January is 63 and average monthly sales are $200,000, what is the January sales level?
a. $12,600 b. $126,000 c. $200,000 d. $363,000