What is the least amount of beginning inventory

Assignment Help Operation Management
Reference no: EM132277974

Quarterly demands for the coming year are 145, 150, 226, and 95 for a make-to-stock product. The company uses a level capacity plan.  In any quarter that demand cannot be met by production and inventory on hand, a costly stockout will occur.  What is the least amount of beginning inventory for the first quarter that can be used without having any stockout during the year?  Show what the ending inventory level for each quarter would be.

Reference no: EM132277974

Questions Cloud

Science to amplify their value-generating potential : In this reading, the authors provide examples of companies that have leveraged data science to amplify their value-generating potential.
How flexibility saves time and stimulates response : Explain, citing appropriate examples, how flexibility saves time and stimulates response.
Propose three approaches for management increasing base pay : Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area.
The floating home was vessel under admiralty law : The City argued that the floating home was a “vessel” under admiralty law because it was capable of movement over water.
What is the least amount of beginning inventory : What is the least amount of beginning inventory for the first quarter that can be used without having any stockout during the year?
Discuss what markets the organization is pursuing : You will now define the company's strategy. Discuss what markets the organization is pursuing, discuss whether they are expanding, adding new products, etc.?
Identifying workers and companies conducting this business : Security has always been a big concern for the maritime industry and plays a huge role in commercial shipping.
What is a business continuity plan : 1. What is a business continuity plan, and why is it important? Why and how is it implemented? What is the key purposes of the plan?
The importance of process selection in system design : Explain the importance of process selection in system design. Provide an example to support your explanation.

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