Supply Chain Math Homework Question
xxyyoopp
Spark Industries uses a monthly periodic system to maintain the inventory of batteries it sells. Below is the sales data for the last 6 months.
Month | Jan | Feb | Mar | Apr | May | Jun |
Units Sold | 124 | 162 | 145 | 111 | 81 | 133 |
a) What is the company’s average monthly demand for batteries?
b) Assume the standard deviation of demand is 28.1 batteries and Spark Industries wants to be in stock at least 95% of the time. What is the appropriate restocking level?
c) If there are currently 115 batteries on hand when the order is placed for July, how many batteries should be ordered?
- 10 years ago
- 2
Answer(0)
Bids(0)
other Questions(10)
- 40 Managerial Accounting MCQs- nEDED 90% on score
- MORE OSHA HELP [4]
- A-Plus Writer
- Naturalistic Observations and Evaluation
- Planning models that are more sophisticated than the percent of sales method have
- MKT421-Week 3 Learning Team - Marketing Plan Phase II
- HW Statsolver only
- Health homework
- Abnormal Psychology
- A survey involving 600 men and 400 women from a township revealed that 300 of all the people were smokers...