Soup kitchen for the homeless

Assignment Help Operation Management
Reference no: EM133262484

Betty Cooker runs a bakery in San Francisco that specializes in her famous Black Forest cakes. She estimates that the daily demand for this cake is normally distributed with a mean of 60 and a standard deviation of 20. Each customer wants to buy exactly one cake. Every day in the morning, Betty Cooker and her team of bakers bake a fresh batch of the cakes for sale that day. Her costs to bake and top each cake are $5. Each cake sells for $20. Betty's Bakery prides itself on its fresh assortment, so cakes not sold by the end of that day are given away to a soup kitchen for the homeless.

Suppose Betty wants to bake enough cakes so that she can be 99.0% sure that she can satisfy the demand of all of her customers. How many cakes should she prepare daily in the morning? (Round your answer UP to the nearest integer.)

Reference no: EM133262484

Questions Cloud

What is gap between present state and desired future state : Explain why a change was needed. What is the gap between the present state and the desired future state? How strong is the need for change
Why is performance defining metric for strategic management : Why is performance the defining metric for Strategic Management? & include What is performance and what are its metrics?
What is your company doing to promote alignment : Hypothetical, fiction or non-fiction, for an organization that is familiar to you.
Compare the us-most emerging markets : Compared to the U.S., most emerging markets, China included, have poorly developed capital markets (stocks and bonds).
Soup kitchen for the homeless : Betty Cooker runs a bakery in San Francisco that specializes in her famous Black Forest cakes. She estimates that the daily demand for this cake is normally dis
What are the limitations of their use : EDUC 564 Sistema Universitario Ana G Mendez List some possible prefabricated patterns in English and/or any other language. What are the limitations
Direct-to-consumer sales companies : 1. How does Supply-Chain Tech help Direct-to-Consumer Sales companies gain competitive advantages?
What is some feedback you can give : What is some feedback you can give on these comments - Every position regardless of the status of it all play an important role that would help make everyone
Comparing and analyzing the different between two years : ENGL 111 Ivy Tech Community College, Indianapolis Comparing and analyzing the different between two years are better than four by Liz Addison

Reviews

Write a Review

Operation Management Questions & Answers

  Restaurant business and entrepreneurs

Maria and Sylvia have always wanted to start their own restaurant business and be an entrepreneurs.

  Strengths-weaknesses-opportunities and threats analysis

A SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis is a great starting point to performing a strategic assessment for a company.

  Would management benefit from employee involvement

Would management benefit from employee involvement in the design and implementation of a particular program? Explain

  What is the standard deviation of demand

Our bottling plant uses approximately 1000 plastic bottles per day (normally distributed), while daily usage has a standard deviation of 70. Order lead time is 2 days (constant). What is the average demand during lead time for this item? What is the ..

  Into what categories can knowledge workers be grouped

This week our discussion focuses on crafting an appropriate thesis statement and topic to sentence outline based on the following essay topic: ‘Into What Categories Can Knowledge Workers be Grouped?’

  Calculate the multifactor productivity for this operation

Calculate the multifactor productivity for this operation in fees generated per dollar of input.

  Analyze the vignette study at the beginning

Troubles at Eagle Manufacturing Company- Analyze the Vignette study at the beginning

  Background and interest in operations management

Introduce yourself to the class by explaining briefly your background and interest in operations management.

  Describe new technology trends related with business

1.discuss why modern businesses need to know how to play the game of supply chain management. in a business network

  A firm plans to begin production of a new small appliance

A firm plans to begin production of a new small appliance. Determine the range of annual volume for witch each of the alternatives would be best.

  Describe your approach to managing conflict within team

As a project manager, describe your approach to managing conflict within a team. How would you approach resolving a personality conflict within a team?

  How dilemma is related to the supply chain management

Identify prisoner's dilemma and how is related to the supply chain management

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