How many units should be ordered

Assignment Help Operation Management
Reference no: EM13249082

Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days. At the time of review there are 50 units in stock. If 98 percent service probability is desired, how many units should be ordered.

Reference no: EM13249082

Questions Cloud

Find the voltage across the resistor immediately afterward : A series RC circuit with C = 56?F and R = 6.4? has a 25V source in it. With the capacitor initially uncharged, an open switch in the circuit is closed, What is the voltage across the resistor immediately afterward
How much documentation was provided : Have you ever been part of a new system implementation? If so, how did it go?
Analze the primary causes of information management : Analze the primary causes of information management/ information technology project failures and recommend at least three best practices that could be adopted by any organization to avoid such failures in tha future.
What is the total equivalent resistance : Three resistors with values 0.90? , 2.9? , and 4.2? are connected in parallel in a circuit with a 6.4V battery. What is the total equivalent resistance
How many units should be ordered : Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days. At the time of review there are 50 units in stock. If 98 percent service probability is desired, how many units ..
Find the energy of a single photon : Suppose you need to image the structure of a virus with a diameter of 50 nm, For light of wavelength 2.5nm, what is the energy (in eV) of a single photon? In what part of the electromagnetic spectrum is this
How many workers will be needed : These assemblies require five operations, with times of 1.0, 0.8, 2.4, 2.5, and 1.4 minutes each. What is takt time for this cell? How many workers will be needed?
Determine the location of the poles and zeroes : Using MATLAB, plot the pole zero map and the Bode plot of the two transfer functions and paste the graphs below. Identify and briefly discuss the differences between the Bode plot of the two transfer functions.
List the five critical skills and competencies a customer : List the five critical skills and competencies a customer service representative must possess and discuss why.

Reviews

Write a Review

Operation Management Questions & Answers

  Who was committed to action

Is it necessary for all team members to have good problem solving skills? Why or why not? What would you do with an employee who was committed to action, but had poor analysis skills?

  Why capitalism has changed

Does the story of the American fur company hint at how and why capitalism has changed and has been changed over the years?

  Estimating the optimal number

Judith Thompson is the manager of the student center cafeteria. She is introducing pizza as a menu item. The pizza is ordered frozen from a local pizza establishment and baked at the cafeteria.

  How facility layout affect numerical analysis

Peter's Paper Clips uses a three-stage production process: cutting wire to prescribed lengths, inner bending, and outer bending. The cutting process can produce at a rate of 150 pieces per minute.

  Decision-making scenario using your business experience

Describe a decision-making scenario using your business experience, personal decision making or cited journal article; include an example of the decision-making process, describe the risk, and whether persuasion was used. What were the social heur..

  Describe what you relied on external or internal sources

describe whether you relied on external or internal sources of information to help you make every decision also whether you think you were more linear or nonlinear in describe how you processed which information.

  Create a print ad and a video broadcast for the product

Identify any considerations you will need to employ to build and maintain the brand and customer loyalty.

  Estimate the likely standards of value creation

Looking out over the next decade, estimate the likely standards of value creation. How would you advise a company like IBM or Cisco to configure and coordinate its value chain

  Virtue ethics value and deontology principle

Virtue ethics (value) and deontology (principle) and apply these theoretical perspectives to ethical dilemma that leaders and/or managers at ECG (Expert Consulting Group)

  Illustrate what is your forecast of profit for a store

Sales (X, in millions of dollars) are related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million and $50 million.

  Describe the criteria

In one paragraph supported by your text and other research, describe the criteria you would use if you were a manager charged with evaluating corporate contributions to decide whether or not to give to a particular organization.

  Adopting an erp system is a key business

Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?

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