Problemunimed is a manufacturer of specialty medical, Ask an Expert

Management Studies

Problem:

Unimed is a manufacturer of specialty medical equipment. For one particular varety of equipment offered:Average daily demand is 25 units, with a standard deviation of 6 units. Replenishment lead time is 15 days, with a standard deviation of 4 days. If the typical order quantity for Unimeds equipment is 80 units.

Question 1) Find the average inventory with safety stock at 3 standard deviations under demand and replenishment cycle uncertainty:

A) 389 Units

B) 284 Units

C) 349 Units

D) 244

Solve the problem and show all work.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91162423

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