What is the appropriate reorder point for etched impressions

Assignment Help Operation Management
Reference no: EM132677151

Demand for Etched Impressions Wood products averages 50 units per day with a standard deviation of daily demand being 6. Lead time is 4 days. This IBC company strives for a 88% service level.

How many units of wood should Etched Impressions carry for safety stock? Two decimal places. Make sure that your calculation for safety stock uses a cell reference to the Z-value and not merely the number, to two decimal places, that is in the Z-value field.

What is the Z-value for the company's desired level? Two decimal places

What is the standard deviation of demand during the lead-time period? Two decimal places.

How many units of wood should Etched Impressions carry for safety stock? (Two decimal places. Make sure that your calculation for safety stock uses a cell reference to the Z-value and not merely the number, rounded to two decimal places that is in the Z-value field.

What is the appropriate reorder point for Etched impressions? Two decimal places.

Reference no: EM132677151

Questions Cloud

What is productivity : What is productivity? (scholar references) How is employee productivity measured? (scholar references)
What is Plum Corporation remaining AMT credit carry forward : Plum has AMT credit carry forwards of $20,000 from prior years. What is Plum Corporation's remaining AMT credit carry forward
Calculate the amount of accumulated earnings tax : Sugarbush Corporation, an accounting corporation, has accumulated earnings of $340,000, Calculate the amount of accumulated earnings tax
Development of academic or functional skills : Academic and Functional Skills Assignment - what ways might the way their autism expresses itself impact students' development of academic or functional skills
What is the appropriate reorder point for etched impressions : What is the appropriate reorder point for Etched impressions? Two decimal places.
What is the corporation basis in the real estate : Tammy has a business which she decides to incorporate. The stock is worth $125,000. What is the corporation basis in the real estate
Describe the educational programs in brief : To support educational programs holding promise to: 1) meaningfully improve community health outcomes and patient care through innovation.
What is the annual demand in terms of boxes : What is the annual demand in terms of boxes? (Whole number)
Calculate the amount of Fraxinia Corporation : Dividends received from a 25 percent-owned domestic corporation 70,000. Calculate the amount of Fraxinia Corporation's dividends received deduction

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