What is the appropriate reorder point

Assignment Help Operation Management
Reference no: EM132266213

Oshawa Regional Hospital stocks a “code blue” resuscitation kit that has a normally distributed demand during the reorder period. Barbra is in charge of maintaining BX7 supplies at the hospital where the mean demand distribution for it during lead time is displayed below, (normally distributed) with a standard deviation of 6.5. Lead Time Demand Probability 20 0.05 30 0.1 40 0.22 50 0.27 60 0.18 70 0.15 80 0.03 a) What is the safety stock if she would like to maintain a 95% service level? b) What is the appropriate reorder point? c) What is the safety stock if she would like to maintain a 50% service level? d) What is the appropriate reorder point?

Reference no: EM132266213

Questions Cloud

The violation of the basic civil rights of the employed : Labor laws, that is, laws that govern the relationship, and enforce standards of conduct, between employers and the employed.
Meaningful dialogue about sustainable practices : If a community rejects non-legislative efforts to adopt sustainable practices, should it be forced upon them through laws or regulation? Defend your answer
Are those assumptions valid and accurate : What evidence is missing to substantiate the claims made on either side? What are the underlying assumptions that relate to that missing evidence?
Discuss about a revolutionary artificial intelligence : Select a country between China and India. Evaluate the pros and cons of each alternative and suggest a course of action to your CEO.
What is the appropriate reorder point : What is the appropriate reorder point? What is the safety stock if she would like to maintain a 50% service level? What is the appropriate reorder point?
Create two social work recommendations : Create two social work recommendations to address a current barrier and explain how the recommendation proposed addresses the findings.
Was it an ability or motivation issue : The performance diagnosis model assumes employees will work hard and be good performers if the work environment encourages these actions.
Reduction in defect costs : how much value (i.e reduction in defect costs) can be created annually by centering the process within user specifications?
How can sustainable practices be implemented : How can sustainable practices be implemented when the processes of care become more complicated with the introduction of new drugs, technologies, and regulation

Reviews

Write a Review

Operation Management Questions & Answers

  Customer-centric organization different

How is a customer-centric organization different from one that is product focused? How does customer centricity impact the areas of finance, human resources, information technology, marketing, research and development, operations, and sales?

  New reality for leadership

1) Describe and discuss fully the new reality for leadership. How will this affect you in the future? 2) Why do some managers reach a plateau, get fired, or become forced to take early retirement?

  Identify what you think your strengths that can be applied

What struck you as the most interesting concept in the video and why? Identify what you think your strengths that can be applied to business are?

  The main charge of corruption in wal-mart''s operations

The main charge of corruption in Wal-Mart's operations in Mexico, as put forth in "Wal-Mart Hushed Up a Vast Mexican Bribery Case," involve bribes to

  What are the dimensions of service quality

What are the dimensions of service quality? How do these dimensions affect a customer perception? How do the quality dimensions, as defined by David Garvin, relate to the dimensions of service quality?

  Durkheim theory of mechanical and organic solidarity

Describe Durkheim’s theory of mechanical and organic solidarity. Explain the relationship between the division of labor and the emergence of values for Durkheim

  Research the company and its industry

Research the company and its industry and develop your estimate(s) of the value of the company's stock.

  Explain the manufacturers average inventory level

What is the manufacturer's average inventory level? What is the customer's average inventory level?

  Power consumption has risen from the usual level

You are a quality manager. On one of your company’s product lines, a report shows that power consumption has risen from the usual level of 35.5 W to a level of 35.9 W. This difference is, without a doubt, statistically significant. However, the line ..

  Minimize annual ordering and inventory holding costs

If Sarah wants to minimize her annual ordering and inventory holding costs, how much palm oil should she purchase with each order (in kgs)?

  Allocation of resources and maximizing the intelligence

By improving the allocation of resources and maximizing the intelligence with which resources are identified and consumed, an organization can extend its finite skills and capabilities further than ever before. As a project manager of a global projec..

  Excites is amazing for biomedical engineer major

Explain why Boston University excites is amazing for a biomedical engineer major?

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