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Scenario 12.2 - Hamsterdam

question 60

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Scenario 12.2 - Hamsterdam
Marlo Stanfield's operation also uses large quantities of prepaid cell phones,on average 1500 per week with a standard deviation of 145.The lead time for their own brand of prepaid cell phones is three weeks and they have a lot size of 350 phones.To ensure they never run out,they keep a safety stock of 500 phones with Proposition Joe.
-What safety stock should be held to put the expected shortage per cycle at 5 phones?


Definitions:

Circle of Ethical Concern

Refers to the range of individuals, organisms, or issues that an individual believes are deserving of moral consideration.

Behavioral Ideals

Standards or models of behavior that are deemed admirable or desirable within a culture or society.

Moral Principles

Fundamental beliefs about what is right, wrong, or ethical that guide behavior and decision-making.

Ethical Problem

A situation or decision-making process involving conflicting values, principles, or duties, leading to moral dilemmas.

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