Need help filling in the blank 0.00 0.010.020.03 0.04 0.05 0.06 0.07 0.08 0.09 0
ID: 367881 • Letter: N
Question
Need help filling in the blank
0.00 0.010.020.03 0.04 0.05 0.06 0.07 0.08 0.09 0.0 0.5000 0.5040 0.5080 0.5120 0.5160 0.5199 0.5239 0.5279 0.5319 0.5359 0.1 0.5398 0.5438 0.54780.5517 0.5557 0.5596 0.5636 0.56750.5714 0.5754 0.2 0.5793 0.5832 0.5871 0.5910 0.5948 0.5987 0.6026 0.6064 0.6103 0.6141 0.3 0.6179 0.6217 0.6255 0.6293 0.6331 0.6368 0.6406 0.6443 0.6480 0.6517 0.4 0.65540.65910.66280.6664 0.6700 0.67360.67720.68080.6844 0.6879 0.5 0.6915 0.6950 0.6985 0.7019 0.7054 0.7088 0.7123 0.7157 0.7190 0.7224 0.6 0.7258 0.7291 0.7324 0.7357 0.7389 0.7422 0.7454 0.7486 0.7518 0.7549 0.7 0.7580 0.7612 0.7642 0.7673 0.7704 0.7734 0.7764 0.7794 0.7823 0.7852 0.8 0.78810.7910 0.79390.79670.79960.8023 0.8051 0.80790.8106 0.8133 0.9 0.8159 0.8186 0.8212 0.8238 0.8264 0.8289 0.8315 0.8340 0.8365 0.8389 1.0 0.8413 0.84380.8461 0.84850.8508 0.85310.85540.85770.85990.8621 1.1 0.8643 0.8665 0.8686 0.8708 0.8729 0.8749 0.8770 0.8790 0.8810 0.8830 1.2 0.8849 0.8869 0.8888 0.8907 0.89250.8944 0.8962 0.8980 0.89970.9015 1.3 0.9032 0.9049 0.9066 0.9082 0.9099 0.9115 0.9131 0.9147 0.9162 0.9177 1.4 0.9192 0.9207 0.9222 0.9236 0.92510.9265 0.9279 0.92920.9306 0.9319 1.5 0.9332 0.9345 0.9357 0.9370 0.9382 0.9394 0.9406 0.9418 0.9430 0.9441 1.6 0.9452 0.9463 0.9474 0.9485 0.9495 0.95050.9515 0.95250.95350.9545 1.7 0.95540.9564 0.9573 0.95820.95910.9599 0.9608 0.96160.9625 0.9633 1.8 0.96410.96490.9656 0.96640.96710.9678 0.96860.96930.9700 0.9706 1.9 0.9713 0.97190.9726 0.9732 0.97380.9744 0.9750 0.9756 0.97620.9767 2.0 0.97730.9778 0.97830.9788 0.9793 0.97980.9803 0.98080.98120.9817 2.1 0.9821 0.9826 0.983010.9834 0.98380.9842 0.9846 0.9850 0.9854 |0.9857Explanation / Answer
EOQ = (2.D.S/H)1/2 = sqrt(2*75*49*60/(22%*6.5)) = 555.36
Time between orders (P) = EOQ / daily demand = 555.36 / 15 = 37 days
L+P = Std. deviation of demand at lead time and review period = x sqrt(L+P) = 4.472 x sqrt(5+37) = 28.98
T = d . (L+P) + Z. L+P
Given 90% service level, Z = 1.28
So, T = 15 x (37+5) + 1.28 x 28.98 = 667 bags