What is the significance of the target stocking level

Assignment Help Project Management

Reference no: EM131803774

Ah Seng Fish Company buys fresh snapper (a family of perciforrn fish) daily from the fish farm near Pulau Ubin. Snapper are purchased for $2.50 per kg and sold to the public at $8.50 per kg. The snapper are kept fresh by displaying them on ice but at the end of the day.

Any unsold fish have a noticeable odor and are sold to a nearby fish ball store for $1 per kg. The past year's demand for snapper on Saturdays is shown in the table. Based on this information.

a. What should their target service level and stocking point be?

b. What is the significance of the target stocking level?

Daily Demand (kg)	# Days at This Level
300	3
320	4
340	6
360	9
380	9
400	8
420	6
440	5
460	2

Reference no: EM131803774

Questions Cloud

Analyze the components of consumer decision-making process : Analyze the components of the consumer decision-making process. The consumer decisionmaking process begins with need recognition.

Delivery of HR client services or recruitment services : Choose either the delivery of HR client services or recruitment services.

Propose the process that you would use to design database : Propose the process that you would use to design the database. Be sure to weave the concepts of relational database structures into your discussion.

Annual coupon rate : Bellingham bonds have an annual coupon rate of 13 percent and a par value of $1,000 and will mature in 5 years. If you require a return of 11 ?percent,

What is the significance of the target stocking level : What should their target service level and stocking point be ? What is the significance of the target stocking level?

What is the value of the? bond : If your required rate of return is 13 ?percent, what is the value of the? bond? How would your answer change if the interest were paid? annually?

Explain the prioritizing process at d d williamson : Explain the prioritizing process at D. D. Williamson. Suggest two recommendations to improve the prioritizing process.

Dewa is the sole supplier of electricity in dubai : DEWA is the sole supplier of electricity in Dubai. The demand for electricity is denoted by equation P = 288-8Q, and the total cost

Discuss the phrase - structure follows strategy : Briefly discuss the phrase ‘‘structure follows strategy'' in terms of what it implies about strategy implementation.

User Account

All Pages