About their options for inventory control

Assignment Help Operation Management
Reference no: EM132077818

Sherman (Wholesale) plc meet supply of an item that has a mean demand of 200 units a week and standard deviation of 40 units. Stock is checked every 4 weeks and lead time is constant at 2 weeks. Each unit costs about £10 a week to store, what can you say about their options for inventory control?

Reference no: EM132077818

Questions Cloud

Advantages and disadvantages of product sold internationally : The Rise of Globalization Globalization is not a new phenomenon. What are the advantages and disadvantages of the product sold internationally
You have been offered job that will require you to relocate : “You have been offered a new job that will require you to relocate, do you accept the offer?”
Why is sexual harassment important issue in ethics field : Why is sexual harassment an important issue in ethics field today? What are consequences for the organization if sexual harassment is not addressed properly?
Integrated marketing communications perspective : Explore the role of advertising and promotion in marketing from an integrated marketing communications perspective.
About their options for inventory control : Each unit costs about £10 a week to store, what can you say about their options for inventory control?
Customer specifications regardless of the feasibility : A product designed according to the customer's specifications regardless of the feasibility or profitability in manufacturing
Discuss key point and its importance to ambulatory care : Discuss key point and its importance to an ambulatory care manager/administrator
Describe the basic characteristics of hinduism : Describe the basic characteristics of Hinduism, including but not limited to:
Fixed order method or periodic review method : Under what circumstances does company use FIXED ORDER Method or PERIODIC REVIEW Method for their inventory policy? Discuss.

Reviews

Write a Review

Operation Management Questions & Answers

  How does experiencing trauma affect a persons life

How does experiencing trauma affect a person's life? Describe the term epigenetics. How does stress play a role in epigenetics?

  Describe supertrends that are driving hp to change

Assess which forces for change are causing HP to undertake major organizational change.Describe supertrends that are driving HP to change.

  Do you think this will still be the case a decade from now

Because of an abundance of cheap labor, China has been called "the workshop of the world." Do you think this will still be the case a decade from now?

  How should the court rule

When the accountant tried to collect, the vice president objected, asserting that the president exceeded his authority. The accountant filed a lawsuit against the vice president seeking payment. How should the court rule? Discuss fully.

  Is is unethical for a manager to encourage

Is is unethical for a manager to encourage your employees to write fake reviews about the company? Use both categorical imperative and utilitarian perspective. Does your assessment change if you ask your employee to use an email address other than th..

  Explain the main merit of the cpm index

Explain the main merit of the Cpm index. One line should be enough. Explain the main difference between short-term and long-term process capabilities. One line should be enough. What is the main difference between control limits and specification lim..

  Term given to indicate that the demand for goods

Derived demand is the term given to indicate that the demand for goods, services, and ideas in organizations is derived from consumer wants and needs. Which of the following example(s) represent derived demand? :

  Sample cutoff valve to improve your manufacturing process

Linda? Boardman, Inc., an equipment manufacturer in? Boston, has submitted a sample cutoff valve to improve your manufacturing process.

  Write hypothesis for united airlines and their overbooking

Write a hypothesis for United Airlines and their Overbooking and dragging someone off the plane.

  Influence person to make less-than-ethical decision

You are the vice-president of human resources for a high-tech company that is competing for a major government project. You believe that one of your key competitors is ahead of you in project development and you would like to recruit some of its engi..

  What is the importance of the process to toyota organization

Importance: What is the importance of the process to the Toyota organization? Scope: What is the scope of this process (what is the breadth of its reach)? Parties involved: What customers, as well as internal and external suppliers, are affected by t..

  Which statement best describes the offering of apple iphone

Which statement best describes the 'offering' of an Apple iphone.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd