Examlex

Solved

If a Product Has a Lead Time That Is Normally

question 34

Essay

If a product has a lead time that is normally distributed,the mean of the product demand is 100 units,and the standard deviation is 40 units,what would the reorder point be to maintain a 97% service level?


Definitions:

Medical Asepsis

Practices in healthcare aimed at reducing the number of pathogens and preventing their spread.

Antiseptic

A substance that prevents the growth of disease-causing microorganisms, commonly used in cleaning wounds and preventing infection.

Dry Heat

A method of sterilization or cooking that involves the use of hot air without moisture.

Sterilization

A process designed to kill or remove all forms of life and other biological agents from a specific surface, area, or item to prevent infection or contamination.

Related Questions