Martina is in charge of ordering brake pads for an auto shop. The daily demand for brake pads is normally distributed with an average of 40 brake pads and a standard deviation of 8 break pads. Currently, it takes 4 days between when Martina places an order for new brake pads and when the order is received. Currently, Martina orders new break pads when there are 184 break pads left in stock. 1) What is the average demand during lead time? 2) What is the standard deviation of demand during lead time? 3)What is the service level provided by Martina's auto shop?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

Martina is in charge of ordering brake pads for an auto shop. The daily demand for brake pads is normally distributed with an average of 40 brake pads and a standard deviation of 8 break pads. Currently, it takes 4 days between when Martina places an order for new brake pads and when the order is received. Currently, Martina orders new break pads when there are 184 break pads left in stock.

1) What is the average demand during lead time?

2) What is the standard deviation of demand during lead time?

3)What is the service level provided by Martina's auto shop?

 

Expert Solution
steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.