What is the appropriate reorder point

Assignment Help Operation Management
Reference no: EM131744537

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 6. Ms. Flynn would like to maintain a 90% service level. a) what safety stock level do you recommend for BX-5 b) what is the appropriate reorder point?

Reference no: EM131744537

Questions Cloud

The time required to play a game of battleship : The time required to play a game of Battleship is uniformly distributed between 15 and 60 minutes. What is the probability of finishing within 30 minutes?
What was the cost of merchandise : Hanover Clothing reported cost of goods sold of $2,600,000 this year. The inventory account increased by $130,000 during the year to an ending balance.
What is the inventory at the end of feb : To reduce inventory costs your production dept. would like to consider using part-time labor & subcontracting.
What role do the stakeholder management processes : What role do the Stakeholder Management processes play in determining stakeholder communication needs and developing an effective communication strategy?
What is the appropriate reorder point : Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. what is the appropriate reorder point?
Crime control and due process models of criminal justice : Describe how plea bargaining reflects or thwarts the crime control and due process models of criminal justice.
Traits by referring trait theory of leadership : examine motivation tools employed in it to motivate employees - Choose any three popular leaders and examine their traits by referring Trait theory
Describes a supply challenge or opportunity : Describes a supply challenge or opportunity. The topic can be generated from the list of operations topics or something else.
How you mention the several types of categories : I heard learned much then I already knew. I like how you mention the several types of categories and what examples you had used to describe them.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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