Determine the reorder point if the restaurant wants

Assignment Help Operation Management
Reference no: EM132348832

Kelly's Tavern serves Shamrock draft beer to its customers. The daily demand for beer is normally distributed, with an average of 20 litres and a standard deviation of 4 litres. The lead time required to receive an order of beer from the local distributor is 12 days. 

Determine the reorder point if the restaurant wants to maintain a 90% service level. Round to 2 decimal places.?

By how much would safety stock increase if the service level increased from 90% to 95%? Round to 2 decimal places.

Reference no: EM132348832

Questions Cloud

What are the business reasons behind the push : 1. What are the business reasons behind the "push" to offshore jobs?
Supervisors to seek feedback on work performance : Meet with two people who are familiar with your work and can assess aspects of your professional competency
Contemplating outsourcing a major part of its operations : A growing Ghanaian company is contemplating outsourcing a major part of its operations. Discuss in detail some positive aspects of such a decision.
Making drastic changes and cuts to achieve the owner goals : Do you feel the people left will be comfortable and secure in their positions or do they need a savior to come in and save them?
Determine the reorder point if the restaurant wants : Determine the reorder point if the restaurant wants to maintain a 90% service level. Round to 2 decimal places.?
Supply chain planning process : How has the development of the internet affected the way companies forecast in support of their supply chain planning process?
Discuss the two cost leadership approaches : 1. Discuss the two cost leadership approaches (high centralized vs decentralized).
Empathy is really an interesting concept : Empathy is really an interesting concept. How can you demonstrate empathy toward a person when you aren't familiar with what he or she is going through?
Determine the optimal order quantity : A mail-order house uses 17,880 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are

Reviews

Write a Review

Operation Management Questions & Answers

  Explain the rationale for continual improvement

how would you explain the rationale for continual improvement to your management team, nurses, clinicians, doctors, etc?

  The primary roles of those in leadership position

Some have suggested one of the primary roles of those in a leadership position is to focus on supporting self-worth of followers which,

  Define employee engagement

Most companies in the Fall season begin to do employee surveys to engage the employees of their interest and concerns. Define employee engagement? Are you engaged at your place of employment current? If not, working, were you engaged when you were em..

  Information to potential buyer regarding prior occupant

A seller's agent has an affirmative duty to voluntarily disclose information to a potential buyer regarding a prior occupant:

  Analyze the concept of a cost leadership strategy

Analyze the concept of a cost leadership strategy. Determine two specific challenges of using a cost leadership strategy successfully in healthcare.

  Accused of violating the foreign corrupt practices act

Write about recent situations where companies have been accused of violating the Foreign Corrupt Practices Act.

  What is hourly productivity rate given number of workers

What is the hourly productivity rate given the number of workers.

  Compare performance efficiency and performance effectiveness

Compare performance efficiency and performance effectiveness.

  Exchange rates by buying and selling domestic and foreign

Assume that the Central Bank of Nation X is responsible for maintaining fixed exchange rates by buying and selling domestic and foreign currencies in exchange

  Interested of doing business in selected emerging market

The management of company ABC PLC, a small and mid sized provider of mobile payment service, are interested of doing business in a selected emerging market.

  Why you would use either a normative or ethical approach

Explain why you would use either a normative or ethical approach. Explain why it must be core management task to search for win-win situations with stakeholders

  Describe personality traits and implications in leadership

Describe personality traits and their implications in leadership.

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