Inventory utilizing a fixed-period inventory system

Assignment Help Business Management
Reference no: EM13101836

A paint shop manages their inventory utilizing a fixed-period inventory system. The evaluation period is two weeks as well as the lead time is two weeks. Weekly about fifty tubes of black paint are sold with a standard deviation of five units. What must the target stock level be for a 95% service level?

Reference no: EM13101836

Questions Cloud

Caroline is a marketing representative for a publishing : Caroline is a marketing representative for a publishing house. She is around to set her yearly goals with the manager of her department
Determine ways a vending maching company can buy units : A shipment of 250 netbooks contains 3 defective units. Determine how many ways a vending maching company can buy three of these units and receive a) no defective units b) all defective units c) at least one good unit.
What are cisco''s net income : Cisco Systems has total assets of $35.594 billion total debt of $9.678 billion and net sales of $22.045 billion.
Calculate the specific heat capacity of the metal : Calculate the specific heat capacity of the metal when the final temperature of the mixture =38.7?C.? (Assume that there is no energy lost to the surroundings.)
Inventory utilizing a fixed-period inventory system : A paint shop manages their inventory utilizing a fixed-period inventory system. The evaluation period is two weeks as well as the lead time is two weeks
Name the highly volatile liquid : Name the highly volatile liquid may cause grave danger to The Environmental Health & Safety and Fire Safety professionals at happening scenes as its vapor
Describe the nature of competition in a market : Describe the nature of competition in a market that is characterized by a high barrier to entry as well as a significant product homogeneity. Offer a detailed example and support your point of view
Creating payoff table for the decision situation : The Steak and Chop Butcher Shop purchases steak from a local meatpacking house. The meat is purchased on Monday at $2.00 per pound, and the shop sells the steak for $3.00 per pound.
United states saving bonds payable at last mortgage bank : Nelson gave buchert the subsequent instrument dated july 6 1988 one year after date I promise to pay the order of dale buchert one thousand dollars in united states saving bonds payable at last mortgage bank.

Reviews

Write a Review

Business Management Questions & Answers

  What is a limited liability company

What is a limited liability company. Describe the advantages as well as disadvantages of this type of business ownership

  What are the four key methods of export

What are the four key methods of export or import financing? Describe the impact globalization is having on international marketing activities

  If an action is ethical from an outcome-based perspective

Does this baseball batting average analogy in the context of the psychological phenomena hot hand fallacy? If an action is ethical from an outcome-based perspective, it is always ethical from a duty-based perspective?

  General-purpose equipment and flexible manufacturing system

Meile has established costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS)

  Utility of model based on hypothesis

As area sales manager for a company manufacturing and marketing outboard engines, you have been assigned the responsibility of conducting research study to estimate the sales potential of your products in the domestic (U.S. or Canadian) market.

  Discussion on absolutism and relativism

While we cannot start to cover all of the topics possible, you might choose 1 or 2 contemporary issues around which ethics have changed because of external and social elements.

  Overall evaluation of the medium twitter

A summary of your experiences and your overall evaluation of the medium "Twitter".

  How to increase ethnic diversity in workplaces and schools

Explanation of Affirmative Action In the United States, affirmative action refers to policies that take gender, race, or ethnicity into account in an attempt to promote equal opportunity and increase ethnic diversity in workplaces and schools.

  Explain and identify the kind of societal expectation

Explain and Identify the kind of societal expectation of behavior and what standard of behavior is most appropriate

  Strategy formulation and strategy implementation

Aids at a workplace: Would it be wrong of Carla to ask Tom Walters about his health? Explain why or explain why not? Defend your answer to appeal to moral principle.

  Distance learning start ups for business

Assume you have a meeting with the CEO and other high ranking administrator of a firm that invests in distance learning start ups. Your target is to achieve a loan for a distance learning firm that you would like to start.

  Elucidate why might this be wrong

Present possible objections to this. The owner also believes which the pricing decisions in Brazil can be left to local managers. Elucidate why might this be wrong.

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