Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
13th Edition
ISBN: 9780135225899
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Chapter F, Problem 7P
Question:
• F.7 A warehouse manager at Mary Beth Marrs Corp. needs to simulate the demand placed on a product that does not fit standard models. The concept being measured is “demand during lead time,” where both lead time and daily demand are variable. The historical record for this product, along with the cumulative distribution, appear in the table. Random numbers have been generated to simulate the next 5 order cycles; they are 91, 45, 37, 65, and 51. What are the five demand values? What is their average?
| DEMAND DURING LEAD TIME | PROBABILITY | CUMULATIVE PROBABILITY | |||
| 100 | .01 | .01 | |||
| 120 | .15 | .16 | |||
| 140 | .30 | .46 | |||
| 160 | .15 | .61 | |||
| 180 | .04 | .65 | |||
| 200 | .10 | .75 | |||
| 220 | .25 | 1.00 | |||
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QUESTION 26
B
The slope of the line labeled "A" in the diagram is:
order rate.
rate of inventory demand.
production rate.
O production rate minus rate of inventory demand.
E
question 6
In a Q system, the demand rate for strawberry ice cream is normally distributed, with an average of 295pints per week.The lead time is 8 weeks. The standard deviation of weekly demand is
10 pints. Refer to the standard normal table1
for z-values.
a. The standard deviation of demand during the 8-weeklead time is ______pints. (Enter your response rounded to the nearest whole number.)
b. The average demand during the 8-week lead time is_____ pints. (Enter your response as an integer.)
c. The reorder point that results in a cycle-service level of 92percent is _______ pints. (Enter your response rounded to the nearest whole number.)
1: Data Table
The table below shows the total area under the normal curve for a point that is Z standard deviations to the right of the mean.
Z
0.00
0.01
0.02
0.03
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…
QUESTION 20
What are purchased items or extracted materials that will be transformed into components or products called?
A. finished goods inventory
B. MRO inventory
C. raw materials inventory
D. distribution inventory
E. work-in-process inventory
QUESTION 21
Which inventory function exists between the manufacturing plant and the distribution plant?
OA. transportation inventory
OB. lot-size inventory
C. anticipation inventory
D. fluctuation inventory
E. speculative inventory
QUESTION 22
In inventory management, when discussing customer service we mean:
OA. whether repair of the product is available.
B. whether the product is available regardless if the customer desires it or not.
OC. whether the product is available when the customer wants it.
OD. whether the customer wants the available product.
OE. whether the customer is available when the product is.
Chapter F Solutions
Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
Ch. F - Question: 1 State the seven steps, beginning with...Ch. F - Question: 2. List the advantages of simulation.Ch. F - Prob. 3DQCh. F - Question: 4. Explain the difference between...Ch. F - Question: 5. What is the role of random numbers in...Ch. F - Prob. 6DQCh. F - Question: 7. What is Monte Carlo simulation? What...Ch. F - Question: 8. List six ways that simulation can be...Ch. F - Question: 9. Why is simulation such a widely used...Ch. F - Prob. 10DQ
Ch. F - Prob. 11DQCh. F - Prob. 12DQCh. F - Prob. 13DQCh. F - Prob. 1PCh. F - Prob. 2PCh. F - Prob. 3PCh. F - Prob. 4PCh. F - Question F.5 Arnold Palmer Hospital is studying...Ch. F - Prob. 6PCh. F - Question: F.7 A warehouse manager at Mary Beth...Ch. F - Prob. 16PCh. F - Prob. 8PCh. F - Question: F.10 The number of cars arriving at...Ch. F - Prob. 10PCh. F - Prob. 17PCh. F - Prob. 11PCh. F - Question: F.14 Refer to the data in Solved...Ch. F - Prob. 19PCh. F - Prob. 20PCh. F - Prob. 21PCh. F - Prob. 1CSCh. F - Prob. 2CS
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