Determine the re-order point

Assignment Help Operation Management
Reference no: EM131664764

In the Lulu Hypermarket chain, the daily demand for Product X is normally distributed with a mean of 9000 items and a standard deviation of 1900 items. The lead time is eight days. If the Lulu Hypermarket Manager wants to limit the probability of a stockout to 2%, determine the re-order point.

Reference no: EM131664764

Questions Cloud

Discuss stuffmart liability for employee torts : Applying concepts of agency law, discuss StuffMart’s liability for employee torts in the following case study.
Change culture where project management : How difficult it is to change a culture where project management is perceived as of low status and something to get out of?
Developing the tactical and strategic marketing plan : You are the marketing manager for the firm of your choice responsible for developing the tactical and strategic marketing plan.
Which ad campaign is more effective for your firm in case : Based on the return on investment of each campaign, which ad campaign is more effective for your firm in this case?
Determine the re-order point : In the Lulu Hypermarket chain, the daily demand for Product X is normally distributed with a mean of 9000 items and a standard deviation of 1900 items.
Subsidiary plans into a project management : The PMBOK® Guide states that the planning process includes actions necessary to define, integrate, and coordinate all subsidiary plans into a project management
Health-conscious adults aged : It is aimed at health-conscious adults aged between twenty-one and forty-four years.
Suddenly transported to the selected least industrialized : what position would you have if you were suddenly transported to the selected Least Industrialized country?
What is ultimate concern : What is an ultimate concern? What is the relationship between how a person lives her life and her ultimate concern?

Reviews

Write a Review

Operation Management Questions & Answers

  Employees are usually unmotivated to carry out decisions

What is a disadvantage associated with the participative style of leadership?  Employees are usually unmotivated to carry out decisions.

  Determine the waiting model to be used

Bob’s Automated Carwash can service 14 cars per hour. On the average, 16 cars show up every hour. Determine the waiting model to be used, average cars in the system, and average time in the system each hour.

  Manufacturer of high-end electric razors

The Smooth Chin Device Company is a manufacturer of high-end electric razors. These razors are produced using a machine-paced process. For each razor, a tray with components enters the process at the beginning of a conveyor belt. What are the direct ..

  Partnership consisting of charles and michael ragusa

harles Ragusa & Son (Ragusa), a partnership consisting of Charles and Michael Ragusa, issued a check in the amount of $5,000, payable to Southern Masonry, Inc.

  Applying the core value of integrity

Applying the core value of Integrity, explain situations where the power of information media is a public issue,

  Write an analysis of how your team is organized

In 250 words write an analysis of how your (capstone) team is organized, how well it is functioning, and any changes you feel are necessary?

  Works in terms of compensation and benefits

Why are some employees entitled to overtime and others are exempt from being paid overtime? Explain what job sharing is and how it typically works in terms of compensation and benefits.

  How might code of ethic provide personal medical information

In the above code, only one of the eleven sections is explicitly labeled privacy. Do matters covered in other sections play roles in protecting personal medical information? Explain.

  Fixed overhead should be based upon

When allocating costs to inventory produced for the period, fixed overhead should be based upon

  Biases that frequently cause managers to make bad decisions

Explain the biases that frequently cause managers to make bad decisions. Discuss and compare organization strategy and operation strategy

  Lifelong process of investing resources

It is important to have a career management plan in place. This is a lifelong process of investing resources to achieve your career goals.

  Dissecting the at-will employment doctrine

The at-will employment doctrine governs most hiring and firing among non-public sector health care facilities. Discuss the strengths and weaknesses of this doctrine. How would you amend it, if at all?

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