QUESTION
A bookstore manages the inventory based on a continuous review system with the order quantity Q = 40, and the reorder point = 25. The lead time is 2 days without uncertainty. At the end of day 0, the inventory position = on-hand inventory = 40. The demand in the following five days is 7, 6, 9, 13, and 8, respectively. What is the inventory position at the end of day 5?
O 22 O 43 O 37 O3
4 points
QUESTION
The check-out area of a grocery store has the average customer interarrival time = 2 minutes, the average processing time of each cashier = 6 minutes, and in total 4 cashiers. The average waiting time for each customer is 8 minutes. What is the average number of customers in the system (including waiting and using the service)?
O7 O6 O4 O3