The store policy is to stock amount of inventory

Assignment Help Operation Management

Reference no: EM132294909

Sam places an order for Cheetos every week. Once the order is placed, delivery to the store typically occurs in one week. Average demand is 100 bags per week and the standard deviation of demand is 20 bags per week.

The store policy is to stock an amount of inventory that allows for an average stockout condition of 10 percent while waiting for replenishment. It is time to place an order, and there are 150 bags on hand. How many should Sam order? (round up to the next whole number)

Reference no: EM132294909

Questions Cloud

Verification sampling method to use for current school year : Products should be specified by brand because. The Verification Sampling method to use for the current school year could be based on.

Two attributes that must be added to associative entity : What is an associative entity and why is it needed? What are the two attributes that must be added to an associative entity?

How are brick-and-mortar retailers modifying : How are brick-and-mortar retailers modifying their practices to better ride out difficult economic conditions?

Is there burberry any preventions in government regulations : Is there Burberry any preventions in government regulations that would prevent new customer?

The store policy is to stock amount of inventory : The store policy is to stock an amount of inventory that allows for an average stockout condition of 10 percent while waiting for replenishment.

Presentation to deliver to infection prevention committee : Create a PowerPoint presentation to deliver to the Infection Prevention Committee that includes the following.

Discuss information technology portfolio management : Discuss Information Technology Portfolio Management.

Three unintended consequences of cpoe adoption : What are three unintended consequences of CPOE adoption in hospitals and how or why do these unintended consequences occur?

Accountants with a license to carry more than just briefcase : This case allows students to study and discuss a variety of discipline issues.

User Account

All Pages