Find safety stock and reorder point

Assignment Help Corporate Finance

Reference no: EM1346438

The daily demand of a product can be specified by a normal distribution the average daily demand is 250 units with a standard deviation of 40" units. The order lead time for this product is also normally distributed with an average of 10 days and a standard deviation of 3 days. What is the safety stock and reorder point for a 95% in stock probability?

Reference no: EM1346438

Questions Cloud

What is the time of oscillation of the fish : Two identical positive charges exert a repulsive force of 7.4 x10-9 N when separated by a distance of 4.8 10-10 m. compute the charge of each.

Job evaluation at whole foods case study : Job Evaluation at Whole Foods Case Study. The Whole Foods Market has completed a job analysis as well as written job descriptions for Jobs A thorough Job I.

What has been happening in florida in general : What has been happening in Florida in general in terms of unemployment over this time period. What about for GDP.

Draft a memo to the ceo description the new international : Draft a memo to the CEO description the new international compensation program. In your memo you will require to describe the exact level of pay and benefits you want to commit to the program.

Find safety stock and reorder point : The daily demand of a product can be particular by a normal distribution average daily demand is 250 units with a standard deviation of 40 units.

Given the formal structure of the solow model : Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.

What mass of sand be put on the raft : An object is 22 cm in front of a diverging lens that has a focal length of -13 cm. How long in front of the lens should the object be placed so that size of its image is reduced by a factor of 4.

Calculate the range-variance and standard deviation : Calculate the range, variance, and standard deviation for this data series. Which measure does the best job of describing the dispersion in this variable.

Report on it''s management styles function of management : written report on it's management styles function of management present the finding as well as submit power point slides

User Account

All Pages