Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing...

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 4 weeks and a standard deviation of 1 week. Demand is also a variable and normally distributed with a mean of 150 cigars per week and a standard deviation of 25 cigars. Refer to the standard normal tableLOADING... for z-values. This exercise contains only parts a and b.

a) For a 95% service level, what is the ROP? The reorder point is nothing cigars (round your response to the nearest whole number).

Solutions

Expert Solution

note that reorder point = lead time × demand + safety stock

Since nothing about safety stock is given hence we have assumed safety stock to be zero.

orchestra answered 1 year ago

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