Reorder point in term of the on-demand inventory

Assignment Help Operation Management
Reference no: EM13844638

Inventory Problem:

An item is purchased in list of 2000 units. Its annual demand is uniform over the year at the rate of 18000 units annually. The replenishment lead time is constant at 0, 27 year. what is the reorder point in term of the on-demand inventory.

Reference no: EM13844638

Questions Cloud

Analysis of the macro-level environment : Discuss: important factors in the general environment that influence the bottled water industry, explain how each of these factors affects the industry and support your claims with data and anecdotes, when necessary. Please list the items that you..
Survey of top executives revealed-what is the probability : A survey of top executives revealed that 33% of them regularly read Time magazine, 21% read Newsweek and 38% read U.S. News & World Report. Eight percent read both Time and U.S. News & World Report. What is the probability that a particular top execu..
Magnificent attractions : A study by the National Park Service revealed that 51% of the vacationers going to the Rocky Mountain region visit Yellowstone Park, 39% visit the Grand Tetons and 34% visit both. What is the probability that a vacationer will visit at least one of t..
How does transitioning program fit in asca national model : How does the transitioning program fit in the ASCA National Model? Does the transitioning program address specific ASCA standards and student competencies
Reorder point in term of the on-demand inventory : An item is purchased in list of 2000 units. Its annual demand is uniform over the year at the rate of 18000 units annually. The replenishment lead time is constant at 0, 27 year. what is the reorder point in term of the on-demand inventory.
Recent opinion poll : Do a search on the Internet for a recent opinion poll.  Paste the results in your discussion response. Look at the report of the poll results and discuss how strong you believe these poll results are. Refer to such aspects of inductive generalizing a..
Realize value phase : The chapter on the Realize Value phase describes the steps that must be taken to ensure targeted business benefits are realized.
Value of pearson coefficient of skegness for distribution : What is the value of the Pearson coefficient of Skegness for a distribution with a mean of 17, median of 13 and standard deviation of 7?
Explanation of the issue or problem : Use your critical thinking to write a short paper that critically analyses the ideas or position presented in the case reading below. The major headings of your paper should include the following:

Reviews

Write a Review

Operation Management Questions & Answers

  Case study analysis: sun and sand sports

Case Study Analysis: Sun and Sand Sports

  Analyze the workplace culture

analyze the workplace culture to determine its impact on the ability of Congress to do its job well. Provide specific examples to support your response.

  Critically discuss the likely impact of emerging trends

Critically discuss the likely impact of emerging trends and/or issue(s) on the future of the operations function within your organisation.

  Discuss the impacts an improper or incomplete job evaluation

Discuss the impacts an improper or incomplete job evaluation can have on the company, its workforce and its employees. What factors can make a job evaluation more accurate?

  Using statistical sampling to insure quality products

As a quality manager, what factors would influence your thinking in how to choose between testing each item or using statistical sampling to insure quality products

  Can she justify leasing new equipment on an economic basis

If our manager estimates the cost of a customer's waiting time in queue to be $20 per customer per hour, can she justify leasing the new equipment on an economic basis?

  Break-even quantity-cost of raw materials-variable overhead

Hahn Manufacturing has been purchasing a key component of one of its products from a local supplier. The current purchase price is $1500 per unit. Efforts to standardize parts have succeeded to the point that this same component can now be used in fi..

  The major difference between applied and basic research

What is the major difference between applied and basic research. basic research takes longer to complete. applied research is less important

  How many kanban card sets are needed

Due to variations in processing times, management has decided to keep 15 percent of the needed inventory as safety stock. How many kanban card sets are needed?

  What are the objectives of work-center scheduling

What are the objectives of work-center scheduling?

  Explain how a quality-assurance program might affect

Explain how a quality-assurance program might affect different organizational functions for a fast-food business such as McDonald's or domino's pizza.

  Describe the relationship between financial forecasting

Describe the relationship between financial forecasting for financial planning and for strategic planning, with a focus on describing the key requirements for effective financial planning and policy making.

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