Business, 19.03.2020 02:33 melissaschnelting

Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 75 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 6. Ms. Flynn would like to maintain a 95% service level. a) what safety stock level do you recommend for BX-5 b) what is the appropriate reorder point?

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Answer from: lmolder1329

The Safety Stock is 10. and the Reorder Point = 85.

a) Safety stock = Standard deviation * Appropriate z value (demand and service level).

The z coefficient of service level of 95% is 1.64We are given that SD is 6

Safety Stock = 6 * 1.64

Safety Stock = 9.84

Safety Stock = 10

b) Reorder Point = Lead Time Demand + Safety Stock

Given Information

Lead TIme Demand = 75

Safety Stock = 10

Reorder Point = 75 + 10

Reorder Point = 85

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Answer from: kalebbenton15

a) 10

b) 85

Explanation:

The safety stock is gotten by multiplying the standard deviation with the appropriate z value (demand and service level).

THe z coefficient of service level of 95% is 1.64

So we multiply the SD (standard deviation) with 1.64

Safety Stock = 6 * 1.64 = 9.84 = 10

Now, the reorder point.

Reorder Point = Lead Time Demand + Safety Stock

It is already given that Lead TIme Demand is 75 and we found Safety Stock to be 10, so:

Reorder Point = 75 + 10 = 85

Answer from: Quest

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

$capital * (1+0.045)^{28} = 48,613.24$

now clearing the formula to solve for capital we got:

$capital = \frac{48,613.24}{(1+0.045)^{28}}$

and we reach the answer investment = $14,174.20

Answer from: Quest

Some disadvantages to leasing a car is that you are counting on someone to give you money every week or month depending on what you decided and if they don't have all of it well what if you needed that money now you as well have to pay not in full. a disadvantages to purchasing a new vehicle is if it is used then not all the time will absolutely everything work. its almost like a trail and era. although if it is a new car they will try to though all these specials and deals at you in your lease and it can be very overwhelming if you are not use to it.

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