Question related to reorder pointsarahs muffler shop has

Assignment Help Business Management

Reference no: EM13369493

Question related to Reorder Point

Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point system to manage inventory of this standard muffler. Use the following information to determine the best order size and the reorder point:

Annual demand 3,500 mufflers

Ordering cost $50 per order

Standard deviation of daily demand 6 mufflers per working day

Item cost $30 per muffler

Annual holding cost 25% of item value

Service probability 90%

Lead time 2 working days

Working days 300 per year

Reference no: EM13369493

Questions Cloud

International job search - nestle1 outline the recruitment : international job search - nestle1. outline the recruitment strategies of nestle2. explain how nestle classifies their

Forecasting in a health care centersuccessful organizations : forecasting in a health care centersuccessful organizations are also those who are able to make relatively accurate

Techniques of selecting right candidate for right : techniques of selecting right candidate for right jobconsider the selection process. this is the ground zero of your

Calculating reorder pointannual demand for a product is : calculating reorder pointannual demand for a product is 13000 units weekly demand is 250 units with a standard

Question related to reorder pointsarahs muffler shop has : question related to reorder pointsarahs muffler shop has one standard muffler that fits a large variety of cars. sarah

Determining purchase price paritydescribe how purchasing : determining purchase price paritydescribe how purchasing price parity and the big mac are used in global financing

Design of goods and servicesintegrate the concepts and : design of goods and servicesintegrate the concepts and operations management principles address the following questions

Develop a selection process for a retail store cashier job : develop a selection process for a retail store cashier job description specificationbank tellerretail store cashier is

Question about sustainability1 large business leaders are : question about sustainability1. large business leaders are accountable to the government their shareholders and their

User Account

All Pages