Demand for a Product Is Relatively Constant at Five Units

question 5

Essay

Demand for a product is relatively constant at five units per day.Lead time for this product is normally distributed with a mean of ten days and a standard deviation of three days.
(a)What reorder point provides a 50 percent service level?
(b)What reorder point provides a 90 percent service level?
(c)If the lead time standard deviation can be reduced from 3 days to 1,what reorder point now provides 90 percent service? How much is safety stock reduced by this change?

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Definitions:

Impaired Skin Integrity

A condition where the skin is damaged or at risk of injury, affecting its ability to perform its protective function.

Nursing Diagnoses

Clinical judgments about individual, family, or community experiences/responses to actual or potential health problems/life processes.

Critical Thinking

Involves the objective analysis and evaluation of an issue in order to form a judgment.

Shearing Forces

Forces applied in opposite directions, leading to potential injury or damage, often used in the context of pressure ulcers or wounds.