What is the reorder point and safety stock

Reference no: EM131780391

The desired service level for a sporting good store’s inventory of string bathing suits is 85%. The average demand during the replenishment period is 180 suits with a standard deviation of 30 suits.

a) What is the reorder point?

b) If the store wants to increase its service level to 91% for the suits, what is the reorder point and safety stock?

Reference no: EM131780391

Questions Cloud

Manage in the workplace due to politics and consequences : Conflict management can be difficult within ones personal life but it can be even more difficult to manage in the workplace due to politics and consequences.

Violation that results in the death of an employee : An employer can be liable for criminal penalties under OSHA if it commits a willful violation that results in the death of an employee.

Demand during lead time is normally distributed : What is the level of safety stock required assuming that demand during lead time is normally distributed?

Determine capacity requirements for the next four years : AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next four years.

What is the reorder point and safety stock : If the store wants to increase its service level to 91% for the suits, what is the reorder point and safety stock?

List the tables and their fields if you normalized : List the tables and their fields if you normalized the following information in 3rd normal form.

Company have to deliver high quality services or products : What incentives does a company have to deliver high quality services or products?

How many weeks will it take to complete the project : How many weeks will it take to complete the project? Number of weeks d. How much slack does activity B have? Slack of activity B week(s)

Discuss the argument for prevention of illness in country : Discuss the argument for prevention of illness in this country.

User Account

All Pages