Examlex

Solved

A Recently-Divorced Father Checks the Level of Boil and Serve

question 73

Short Answer

A recently-divorced father checks the level of Boil and Serve macaroni and cheese in his pantry the last day of every month. He uses an average of 20 boxes per month (his reorder lead time)with a standard deviation of 5 boxes and wants to avoid the embarrassment and deprivation of a stockout 99% of the time. Lead time is essentially zero since he can pick up a box on the way home from work each day. What should his restocking level be?


Definitions:

Charges

Financial or legal responsibilities, or in physics, the property of matter that causes it to experience a force when placed in an electromagnetic field.

Phospholipids

A class of lipids forming the major component of cell membranes, consisting of two fatty acids, glycerol, and a phosphate group.

Vegetable Oil

Oil extracted from the seeds or other parts of fruits and plants, used for cooking and industrial purposes.

Double Bonds

Chemical bonds between atoms where two pairs of electrons are shared, making the bond stronger and shorter than a single bond.

Related Questions