User Account

All Pages

How many units should be ordered

Assignment Help Business Management
Reference no: EM132713868

Nationwide Auto Parts uses a periodic review inventory control system for one of its stock items. The review interval is 6 weeks, and the lead time for receiving the materials ordered from its wholesaler is 3 weeks. Weekly demand is normally distributed, with a mean of 100 units and a standard deviation of 20 units.

-What should be the target inventory level if the firm desires 97.5% stockout protection?(Use Z = 1.96; round to the nearest whole unit)

-If 350 units were in stock at the time of a periodic review, how many units should be ordered?

Reference no: EM132713868

Questions Cloud

How can you adjust supply to try to match demand : How can you adjust supply to try to match demand?
Describe the four stages of group development : Describe the four stages of group development as identified by Tuckman.
How the activity rate for c equals : The denominator for activity B is 50,000 machine hours. The allocation base for activity C is 150 setups. The activity rate for C equals
What is the target inventory level : A regional distributor purchases discontinued appliances from various suppliers and then sells them on demand to retailers in the region.
How many units should be ordered : If 350 units were in stock at the time of a periodic review, how many units should be ordered?
What is the cost of goods sold for May : For the month of May, Latter Company has beginning finished goods inventory of $50,000, What is the cost of goods sold for May
Calculate the grand cash flow and npv and interpret finding : Calculate the grand cash flow and NPV. Interpret your findings.Re-compute NPV if the sales increase by 225000 units on an average. Discuss
Determine the reorder point : Determine the reorder point that will achieve a 98 percent service level assuming they're a continuous review system.
Make general and ledger and trail balance from data : Distributed goods worth 200 as free as samples and goods taken away by the proprietors for personal. Prepare general , ledger and trail balance from data

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional 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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd