What is the appropriate reorder point quantity

Assignment Help Operation Management

Reference no: EM132149307

A newspaper publisher uses roughly 850 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is six workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 95 percent, if that stockout risk for various levels of safety stock is as follows: 1,500 feet, .10; 1,800 feet, .05; 2,100 feet, .02; and 2,400 feet, .01?

Reference no: EM132149307

Questions Cloud

Identify critical issues around the contextual factor : Assess the impact of the contextual factor. Identify critical issues around the contextual factor.

Semiprecious stones to make bracelets and rings : A jewelry firm buys semiprecious stones to make bracelets and rings. find the order quantity that will minimize total annual cost.

The ROP that will provide risk of stockout : The ROP that will provide a risk of stockout of 1 percent during lead time.

Make few projections about where you see global economy : Make a few projections about where you see the global economy headed in 2035.

What is the appropriate reorder point quantity : What is the appropriate reorder point quantity, given that the company desires a service level of 95 percent,

How can MNCs protect themselves from government action : What are two main concerns that MNCs should evaluate when doing business in Russia? How can MNCs protect themselves from government action?

Discuss issue of of whether poor have an inherent right : Discuss the issue of of whether the poor have an inherent Right to a better standard of living or is in simply the humane thing to do

Relationship between cultural identity and leadership : What are Specific factors regarding the relationship between cultural identity and leadership when there are caucasian middle age male leading

Sells citrus fruits to grocers across the world : Kulak Farms, LLC in Florida grows and sells citrus fruits to grocers across the world.

User Account

All Pages