What is the new service level

Assignment Help Operation Management

Reference no: EM13253468

Annual demand for a product is 13000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100. The replenishment lead time is 4 weeks. Annual carrying cost is $0.65/unit. a) To provide 98% service level what must the reorder point be? b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?

Reference no: EM13253468

Questions Cloud

Explain downstream of the injection point and found : A gas stream that contains 1.50 mole% CO2 flows through a pipeline. 20.0 kg/min of CO2 is injected into the line. A sample of the gas is drawn from a point in the line 10 meters downstream of the injection point and found to contain 2.3 mole% CO2.

How difficult a challenge did welch face in 1981 : What is your evaluation of Welch's approach to leading change? How important is he to GE's success? What implications for his replacement?

What challenges does whole foods face in 2006 : 3. What challenges does Whole Foods face in 2006? 4. What would you advise CEO John Mackey to do to sustain Whole Foods' lead?

Explain rna is readily hydrolyzed by alkali : RNA is readily hydrolyzed by alkali, whereas DNA is not. Why. Think of pH required for nucleophile generation

What is the new service level : a) To provide 98% service level what must the reorder point be? b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?

Find out the number of protons and neutrons : Determine the number of protons and neutrons in a carbon-14 isotope and write its symbol in the form A/Z X

Calculate the speed of sound for a wave : Calculate the speed of sound for a wave whose wavelength is 2.5 m and whose frequency is 270 Hz

Find the speed of the particle after being accelerated : An alpha particle (q = 2e and m = 6.64e-27 kg) is accelerated from rest through a potential difference of 1.2e+5 volts. Find the speed of the particle after being accelerated

Explain what is the atomic mass of chlorine : On a mission to a newly discovered planet, an astronaut finds chlorine abundances of 13.85% for 35Cl and 86.15% for 37Cl . What is the atomic mass of chlorine for this location. The mass of 35Cl is 34.97 amu. The mass of 37Cl is 36.97 amu.

User Account

All Pages