User Account

All Pages

What is the safety stock in this case

Assignment Help Accounting Basics
Reference no: EM133028205

Question - Chez Paul Restaurant orders special Styrofoam "doggy bags" for its customers once a month and lead time is one week. Weekly demand for doggy bags is approximately normally distributed with an average of 120 bags and a standard deviation of 25. Chez Paul wants at most a 3% chance of running out of doggy bags during the replenishment period. If he has 150 bags in stock when he places an order, how many additional bags should he order? What is the safety stock in this case?

Reference no: EM133028205

Questions Cloud

What is Hill net operating loss : Hill reported a loss for tax purposes of $77,500. The current-year loss includes a $16,200 net capital gain. What is Hill's 2021 net operating loss
Find out the operating and capital budgets : Offer a comparison of operating versus capital budgets in the public sector. What are some examples of expenditures you might find in each?
How business strategies influence the level of training : Those who can leverage their talent better than their competition will have a significant advantage. Identify how business strategies influence
Complex leadership functions : Address work shortages by using a complex leadership functions (e.g., operational, entrepreneurial, and enabling).
What is the safety stock in this case : If he has 150 bags in stock when he places an order, how many additional bags should he order? What is the safety stock in this case
Relationship between training and needs assessment : Describe the relationship between training and needs assessment.
What are long-term career goals : Researching the best way to answer job interview questions (the internet has some great resources) please create your answers to the job interview questions
Determine the dollar amount of the cost of goods sold : Cost of goods purchased for resale FY 2020 was $210,000. Use this information to determine the dollar amount of the FY 2020 cost of goods sold
Evolution of the HR role from administrative to strategic : What internal and external factors were involved in this transition - Reflect on the HR function in your current organization or an organization you have worked

Reviews

Write a Review

Accounting Basics Questions & Answers

  The matsui lubricants plant uses the fifo method to account

the matsui lubricants plant uses the fifo method to account for its work-in-process inventories. the accounting records

  Company prepared the following purchases budget

Company prepared the following purchases budget, What are the total cash payments made in September for purchases

  Discuss the things an international manager would need to do

Discuss the things an international manager would need to do to overcome this problem, providing suggestions on how best to deal with this difficult issue.

  Discuss the canceled checks and the maintenance fee

Donna received 2.68 in interest and has been charged for the canceled checks and the maintenance fee

  What is its operating leverage

Carroll and Company sells a single product. Its annual revenue is 1200000 dollars and profit is 50000 dollars. What is its operating leverage

  Discuss the forecast financial requirements

Suppose a firm makes the following policy changes. If the change means that external, nonspontaneous financial requirements (AFN) will increase.

  What is the arc cross elasticity of demand

What is the arc cross elasticity of demand between Potomac's oven and the competitive Spring City model

  Prepare the journal entry by westin to record the redemption

Required: Prepare the journal entry by Westin to record the redemption of the bonds under each of the independent circumstances

  Compute the basic earnings per common share

At December 31, 2021 and 2020, P Co. had 50,000 shares of common stock. For 2021, compute the basic earnings per common share

  Tidbit inc has a sales budget for next month of 800000 cost

tidbit inc. has a sales budget for next month of 800000. cost of goods sold is expected to be 25 percent of sales. all

  Calculate gross wages earned for each employee

From the above information calculate for each employee - Gross wages earned and Labour cost for each good unit sold

  Determine the cost of goods sold for the period

Jurvin Enterprises recorded the following transactions for the just completed month. Determine the cost of goods sold for the period

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd