Find the optional stocking level and its stockout risk

Assignment Help Operation Management

Reference no: EM131398130

Sweet cider is delivered weekly to Cindy's cider bar. Demand varies uniformly between 100 liters and 200 liters per week. Cindy pays 30 cents per liter for the cider and charges 90 cents per liter for it. Unsold cider has no salvage value and cannot be carried into the next week due to spoilage. Find the optional stocking level and its stockout risk for that quantity.

Reference no: EM131398130

Questions Cloud

Difference between automatic vending and direct selling : What is the difference between Costco and Walmart? What is the difference between automatic vending and direct selling? What role does store atmosphere play in retailing industry? Provide 3 examples on how store atmosphere attracts more customers.

Marketing management : Pizza Hut is contemplating introducing breakfast pizzas in order to tap into a new market and increase its penetration of pizza in its current markets. The breakfast pizza would consist of sausage, eggs, bacon, and other familiar and traditional brea..

Plan attack for taking a proctor exam : For this assignment, please create a “plan of attack” in relation to preparing for and doing well on an upcoming test. You should approach this assignment as a general plan that would be relevant to any online test. Plan Attack for Taking a Proctor E..

The marketing concept : Compaq Computer Corp. made a name for itself in the early 1980s by becoming the first computer company to manufacture and market IBM "clones”. How do you expect Compaq to organize its operations if it chose to be guided by the production concept? The..

Find the optional stocking level and its stockout risk : Sweet cider is delivered weekly to Cindy's cider bar. Demand varies uniformly between 100 liters and 200 liters per week. Cindy pays 30 cents per liter for the cider and charges 90 cents per liter for it. Unsold cider has no salvage value and cannot ..

Damaging their relationships with their co-workers : Trent, Ben, and Antonio all started working at a local home improvement store at the same time. They were in the same orientation group and liked each other immediately. Trent and Ben work in the customer service department and Antonio works in accou..

What is the danger of becoming too friendly with co-workers : Trent, Ben, and Antonio all started working at a local home improvement store at the same time. They were in the same orientation group and liked each other immediately. What is the danger of becoming too friendly with co-workers or socializing with ..

What is the minimum number of washcloths : The housekeeping department of a motel uses approximately 200 washcloths per day. The actual number tends to vary with the number of guests on any given night. what is the minimum number of washcloths that must be on hand at reorder time?

Does the article make the point the author intended : Read through the article, and at the arrow below, list all the unknown words and phrases you encounter. Look up the words you find and add the definition next to each. If you can't find the meaning of a word (often the case with foreign words), of..

User Account

All Pages