Arizona State University The Value of Z Questions

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The daily demand for an item is 20 units. The procurement lead time for the item is 10 days. The standard deviation of the lead time demand is 12 units. Determine the fill rate if an order for 300 units is placed each time the inventory falls to 213 unitsThe daily demand experienced by small home computer assembler is normally distributed with a mean of 20 units and a standard deviation of 6 units. The assembler sources the RAM for the computer from a supplier in the local market. The lead time for supply of the RAM chips is also normally distributed with a mean of 3 days and a standard deviation of 1 day. If the assembler desires to ensure a 90% probability of not stocking out during lead time, compute the following:

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