Compute the probability of at least 10 backorders

Assignment Help Supply Chain Management

Reference no: EM13675382

A make-to-order supply chain has customer orders arriving in Poisson fashion at the rate of 90 orders per day. Raw material and subassemblies are always on hand. The facility assembles these on receipt of an order and the customers receive them immediately. If the processing time is exponentially distributed with rate 96 orders per day (average processing time = 15 minutes), compute the following:

(a) Probability of at least 10 backorders
(b) Probability of no backorders
(c) Standard deviation of lead time for a typical order
(d) Fraction of orders which have lead time greater than 1 day
(e) Throughput rate of the system

Reference no: EM13675382

Questions Cloud

Prepare an income statement : Prepare an income statement

Which method of presenting cash flows : Which method of presenting cash flows

Interpersonal relationship - important relationships : Choose an important relationship with one person in your life to explore in more detail and using the concepts listed in that section, explain whether or not you agree with how this relationship formed, or if it followed the steps as listed.

Describe the three federal filing : Describe the three federal filing

Compute the probability of at least 10 backorders : If the processing time is exponentially distributed with rate 96 orders per day (average processing time = 15 minutes), compute the following:

Complex model for project risk and procurement management : How do you evaluate a complex model for project risk and procurement management

How should your investment in each asset : How should your investment in each asset (i.e., a, b, c) change if you do not want the standard deviation of your portfolio to exceed 0.01 - build an investment portfolio with your money divided between just these three stocks.

Costs charged to the assembly : Costs charged to the Assembly

Domain and range for each of these functions : Describe the domain and range for each of these functions and explain what common properties these graphs share (e.g., common points, shape, domain, range).

User Account

All Pages