What is the reorder point and find the closest value

Assignment Help Operation Management

Reference no: EM13781979

Demand for dishwasher water pumps is 10 per day. The standard deviation of demand is 2 per day, and the order lead time is 4 days. The service level is 97%. What is the reorder point? Find the closest value.

Reference no: EM13781979

Questions Cloud

Decide whether to expand the capacity of the plant : A plant manager needs to decide whether to expand the capacity of the plant. There are two states of nature: favourable and unfavourable. In favourable market conditions the plant would make an additional $50,000 when expanded. In unfavourable market..

Explain the concept of judicial review : Differentiate the federal court structure with your state's court structure. Discuss the concept of judicial review. Explain how laws or regulations affect your present job or industry

Homegirls transgress societal gender norms issues : Identify and discuss two of the hypotheses that have been put forward in the ethnography by Norma Mendoza-Denton to account for girls' involvement in gang activities.

What is the optimal objective value : Suppose a maximization LP problem has the following four corner points: (0, 0), (10, 0), (5, 5), and (0, 7). If the objective function is X+ 2Y, what is the optimal objective value?

What is the reorder point and find the closest value : Demand for dishwasher water pumps is 10 per day. The standard deviation of demand is 2 per day, and the order lead time is 4 days. The service level is 97%. What is the reorder point? Find the closest value.

Individual and the community role in supporting : Imagine a scenario where you are the last surviving member of the human species and you find yourself on another planet. The people of the planet do not have performing or visual arts of any kind. Living on a planet without the arts is dull, so yo..

The marginal cost of mining gold is constant : Suppose that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows: Price (per oz.) Quantity (oz.) $1,000 1,000 $900 2,000 $800 3,000Suppose that the marginal cost of mining gold is constant at $300 ..

Social media networking power point : Social Media Networking Power point

What are some challenges that employees have : What are some challenges that employees have who are disabled on a day to day basis

User Account

All Pages