What is the appropriate reorder? point

Assignment Help Operation Management
Reference no: EM131441096

Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past? year, the mean lead time demand for bandage? BX-5 was 60 ?(and was normally? distributed). Furthermore, the standard deviation for? BX-5 was 5. Ms. Flynn would like to maintain a 95?% service level.

a) What safety stock level do you recommend for? BX-5?

?b) What is the appropriate reorder? point?

Reference no: EM131441096

Questions Cloud

Decide between two location alternatives : A firm is trying to decide between two location alternatives, Albany and Baltimore. Albany would result in annual fixed costs of $60,000, labor costs of $7 per unit, material costs of $10 per unit, transportation costs of $15 per unit, and revenue pe..
Traditional advertising and branding : In the age of information and connectivity, what will be happening to the four Ps, traditional advertising, and branding?
Relationship between capabilities and core competencies : What is the relationship between capabilities and core competencies. Discuss a time when you have been a good follower. What did it entail? What theory most applied to the dynamic of your role as a good follower?
What is the main goal of outlier analysis : Outlier detection refers to the problem of finding patterns in data that are very different from the rest of the data based on appropriate metrics. Such a pattern often contains useful information regarding abnormal behavior of the system described b..
What is the appropriate reorder? point : Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past? year, the mean lead time demand for bandage? BX-5 was 60 ?(and was normally? distributed). What safety stock level do you recommend for? BX-5?  What is ..
Observe a marijuana field surrounded by a forest : Would a person’s Fourth Amendment rights be violated by law enforcement officers who, after illegally arresting the person, entered the person’s fenced and posted rural property to observe a marijuana field surrounded by a forest?
Time series analysis : Time Series Analysis. A time series is a collection of temporal data objects; the characteristics of time series data include large data size, high dimensionality, and updating continuously. Commonly, time series task relies on 3 parts of components,..
About the communication style : Do you think communication is more important to leaders now than it was in Hitler's and FDR's time? Explain why you think so or why you disagree. Who is a more current charismatic leader that you know of, and how are they similar to Hitler or FDR in ..
Give an example of applications of data mining : Give an example of applications of Data Mining for each of the functions that mention down: Note: for each function of Applications that will be mention need reference be written under each of Applications this very important

Reviews

Write a Review

Operation Management Questions & Answers

  What is your ethical obligation

Virtually any TV show, movie, or song can be downloaded for free on the Internet. Most of this material is copyrighted and was very expensive to produce. Most of it is also available for a fee through such legitimate sites as iTunes. What is your eth..

  Some businesses offering exceptional convenience may be

When using "brainstorming" to generate creative service ideas, leaders should: Some businesses offering exceptional convenience may be: Some businesses offering exceptional convenience may be:

  Present a rebranding strategy for the product identified

Identify one current struggling consumer product. In a paper of 750-1,000 words, present a rebranding strategy for the product identified. Your paper must include a new name, changes in packaging, the price point, product position, advertising strate..

  What is net present value of this project at discount rate

Lakeside Winery is considering expanding its wine-making operations. The new equipment would cost $138,000, would be depreciated on a straight line basis over its 5-year life, and would have a zero value at the end of the 5th year. What is the net pr..

  Components of your current employers supply chain

In Session 2 you were required to describe the components of your current employer's supply chain or that of another company that you were familiar with. Using that supply chain as a basis, discuss where the supply chain adds value.

  Why has the united states brewing industry

why has the united states brewing industry become more concentrated over the last two decades?

  Demand and inventory control

Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days

  Goals critical to the success of lean systems

Why is achievement of the following goals critical to the success of lean systems?

  What steps do you take to handle the media

On Saturday, September 13, a tropical depression developed in the Atlantic Ocean - nearly 2,000 miles away from the Southeastern shores of the United States. Meteorologists at the National Hurricane Center assert that it is far too early to determine..

  Equation for relationship between unit sales and advertising

The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting ..

  Securing the desired results from data analysis

Which of the following is most important to securing the desired results from data analysis?

  Elaborate about moral integrity

Discuss issues that are related to the day to day practice of an ethical healthcare administrator. please elaborate about moral integrity and its meaning for you as an administrator

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