Calculate the reorder point using a 95 percent in-stock

Assignment Help Supply Chain Management

Reference no: EM133279672

Question: The demand for an item is normally distributed with an average annual demand of 8000 units, and with a standard deviation of demand during the lead time of 6 units. The lead time for this item is a constant 3 days. Calculate the reorder point using a 95 percent in-stock probability (Z = 1.65) and assuming 365 days per year. Round off to the nearest whole unit.

Reference no: EM133279672

Questions Cloud

Project management sustainability - how does risk relate : SCMA 836 University of Nebraska, Lincoln Find at least three published articles relating to project management sustainability, and be sure to include diverse

Developing product-service concept will produce value : Explain and justify one pathway to how your developing product-service concept will produce value for the organization.

Describe a process of motorola : OPERATIONS 300 Southern New Hampshire University describe a process of Motorola, for which the quality control applicable to the limits of the design

Analyse all feasible transportation options : analyse all feasible transportation options and make recommendations on which one SW should select. Another task is to identify packaging style

Calculate the reorder point using a 95 percent in-stock : OMGT 129 Centennial College Calculate the reorder point using a 95 percent in-stock probability (Z = 1.65) and assuming 365 days per year. Round off

Develop a website for a non-profit healthcare organization : Develop a website for a non-profit healthcare research organization to be accessed by the public and the researchers.

How does adding more inventory mitigate risk : TRANSPORTA TMLT 341 American Military University Define supply chain risks? How do you prioritize risks? What is an example of mapping supply chains

Research - sundar pichai is an ultimate business leader : Sundar Pichai is an Ultimate Business Leader. Research this individual and highlight why you feel that he is an ultimate manager in 1,500 words. As well, cite

Summarize what you have learned about this the topics : Summarize what you have learned about this the topics related to your problem or issue. This part of the paper should acknowledge all of the sources you read

User Account

All Pages