How many pounds should she order each? day

Assignment Help Operation Management
Reference no: EM132224503

Cynthia? Knott's oyster bar buys fresh Louisiana oysters for ?$5 per pound and sells them for ?$10 per pound. Any oysters not sold that day are sold to her? cousin, who has a nearby grocery? store, for ?$3 per pound. Cynthia believes that demand follows the normal? distribution, with a mean of 120 pounds and a standard deviation of 18 pounds. How many pounds should she order each? day? Refer to the standard normal table LOADING... for? z-values. Cynthia should order nothing pounds of oysters each day ?(round your response to one decimal? place).

Reference no: EM132224503

Questions Cloud

Aggregate planning strategies are plans to utilize product : Aggregate planning strategies are plans to utilize product capacity to meet demand. There are two options to Aggregate planning strategies.
Debate the title of the article : Debate the title of the article - Is Social Media Sabotaging Real Communication Support your stance with research by providing at least one APA reference
Design and simulate a ring oscillator : EE434 - 534 Design Project - design and simulate a ring oscillator and rig oscillator will drive a standard load, which could be an antenna, RF circuit
Find the probability that exactly 3 boys will be selected : Suppose that a class contains 15 boys and 30 girls, and that 10 students are to be selected at random for a special assignment. Find the probability
How many pounds should she order each? day : With a mean of 120 pounds and a standard deviation of 18 pounds. How many pounds should she order each? day?
Got an unpleasant surprise on routine shopping outing : Jonathan Hoffman got an unpleasant surprise on a routine shopping outing. But do you think that was a smart move?
Can you tell the restrictions or x values not allowed : By just looking at the graph, can you tell the restrictions or x values not allowed - All functions should include a graph illustrating it focusing on problem
Describe several trends that are driving markets today : Describe several trends that are driving markets today and their impact on small businesses.
Business to be successful in global market place : What are the most critical two to three elements that set up a business to be successful in the global market place?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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