Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Chicago's Hard Rock Hotel distributes a mean of 1,000 bath towels per day to guests at the pool and in their rooms.
This demand is normally distributed with a standard deviation of 95 towels per day, based on occupancy. The laundry
firm that has the linen contract requires a 4-day lead time. The hotel expects a 98% service level to satisfy high guest
expectations. Refer to the standard normal table for z-values.
a) What is the reorder point?
towels (round your response to the nearest whole number).
towels (round your response to the nearest whole number).
b) What is the safety stock?
Z-Table
Z
0.38
0.50
0.67
0.84
1.04
1.28
1.41
1.56
1.65
1.75
2.06
2.33
Pr(Z)
65
69
75
80
85
90
92
94
95
96
98
99
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Transcribed Image Text:Chicago's Hard Rock Hotel distributes a mean of 1,000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of 95 towels per day, based on occupancy. The laundry firm that has the linen contract requires a 4-day lead time. The hotel expects a 98% service level to satisfy high guest expectations. Refer to the standard normal table for z-values. a) What is the reorder point? towels (round your response to the nearest whole number). towels (round your response to the nearest whole number). b) What is the safety stock? Z-Table Z 0.38 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 2.06 2.33 Pr(Z) 65 69 75 80 85 90 92 94 95 96 98 99
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