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Reorder Point. The same jewelry maker has recorded the information below to calculate the reorder point. (Hint: Use the Z value corresponding to 95% confidence, Z = 1.96. Round all intermediate values (calculations not answers) to four decimals. Service level: 95%, Z=1.96 ?d 5 ?lt 2 d 50 LT 10 Using this information calculate the: (three answers) 1) Demand during Lead Time Blank 1 Numeric answer, do NOT enter anything except the number(s), No $, No comma, No decimals (round your answer), No words!!!! 2) Safety Stock Blank 2 Numeric answer, do NOT enter anything except the number(s), No $, No comma, No decimals (round your answer), No words!!!! 3) Reorder Point Blank 3 Numeric answer, do NOT enter anything except the number(s), No $, No comma, No decimals (round your answer), No words!!!!

DEMAND DURING LEAD TIME

SAFETY STOCK

REORDER POINT

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93125746

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