Lead times because of the difficulty in importing product

Assignment Help Operation Management
Reference no: EM131646970

Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product: Lead time is normally distributed with an average of 6 weeks and a standard deviation of 1 week. Demand is also a variable and normally distributed with a mean of 250 cigars per week and a standard deviation of 23 cigars. Refer to the standard normal table for z-values.

This exercise contains only parts a and b.

a) For a 96% service level, what is the ROP?

The reorder point is cigars (round your response to the nearest whole number).

Reference no: EM131646970

Questions Cloud

Hierarchy of strategic decisions and alternatives : Hierarchy of Strategic Decisions and Alternatives.”
Information on your personal computer : How often do you backup your critical files and information on your personal computer ? Why and how?
Describe simple and complex data types : Describe simple and complex data types. Provide examples of each and their typical uses in a business environment.
Hypothetical case of intercollegiate basketball player : Consider a hypothetical case of an intercollegiate basketball player who turns her back to the flag
Lead times because of the difficulty in importing product : Gainesville Cigar stocks Cuban cigars that have variable lead times because of the difficulty in importing the product:
Run by siblings scott and lucia diamond : Diamond Clear is a family business, run by siblings Scott and Lucia Diamond. Scott is in charge of the company's operational matters- installation sites,
Encourage or discourage employee participation : Discuss how the components of an organizational structure can encourage or discourage employee participation.
Compensatory process for making final employment decision : Discuss when you would use a multiple-hurdle process as opposed to a compensatory process for making a final employment decision.
Broadcasting us style programs-ads to developing countries : What do you think? Are there dangers in broadcasting U.S.- style programs and ads to developing countries?

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