What reorder level

Assignment Help Operation Management
Reference no: EM131435738

Suppose lead time takes between 1 and 10 days, with each lead time equally likely (e.g. there is a 10% chance lead time is 1 day, a 10% chance lead time is 2 days, etc.) If daily demand is for 100 units, what reorder level will guarantee a 90% chance they don’t stock out?

Reference no: EM131435738

Questions Cloud

Evaluate the role of ethics in the organization performance : In any good story there is some backstory (set up), characters, problem or conflict, and a decision that leads to consequences. A case study is just a story. Like stories, sometimes they have happy endings and sometimes they have sad endings. For gra..
Job attitudes-jobs a person is suited for and perception : Discuss the impact of personality on the following:,Job attitudes, Jobs a person is suited for, Perception, Decision making.
Multiple listing service used by all the regional real : Functional Modeling Part I. A Real Estate Inc. (AREI) sells houses. People who want to sell their houses sign a contract with AREI and provide information on their house to an AREI agent. This information is kept in a database by AREI and a subset of..
Government scrutiny worth reduction in individual freedom : What are potential liabilities associated with limiting individuals right? Are the potential protections afforded by greater government scrutiny worth the reduction in individual freedom?
What reorder level : Suppose lead time takes between 1 and 10 days, with each lead time equally likely (e.g. there is a 10% chance lead time is 1 day, a 10% chance lead time is 2 days, etc.) If daily demand is for 100 units, what reorder level will guarantee a 90% chance..
Identified possible alternative strategies : Narrow down a strategic direction and identified possible alternative strategies and then narrowed those alternatives down to ONE specific strategy to implement for either Southwest or Subway. Using that specific strategy, identify what type of organ..
Traditional approach to project planning : Is an Agile approach to project planning better than a traditional approach to project planning where the project manager tries to develop detailed project plan early in the project life cycle? When would one approach be a better choice than the othe..
International infliction of emotional distress : Two disc jockeys at WPYX-FM radio in Albany, New York were sued for international infliction of emotional distress by Annette Esposito-Hilder, who was identified on the air by the two disc jokceys as the winner of the ugliest bride contest.
Developed in mexico without breaking up the large estates : Reformers and revolutionaries in Mexico sought land reform for social justice and for democracy, believing that land reform was a necessity for creating a society with a democratic government. Would you say the same? Could representative government h..

Reviews

Write a Review

Operation Management Questions & Answers

  What are some criticisms of sustainable business

Do you think sustainable business practices have a positive impact on business success? What are some criticisms of sustainable business? Do you agree with the triple bottom line?

  Determine the size and timing of planned-order releases

Determine the size and timing of planned-order releases necessary to meet delivery requirements using Lot-forLot ordering policy.

  Encourages initiative by reminding employees

A manager who encourages initiative by reminding employees that their failure means organizational failure should do something different. What should he do?

  What location should be selected using break even method

Your company thinks it will sell 5000 pizzas per year and is considering two different locations. Location A has fixed cost of $100,00 and a variable cost if $4 per pizza. what location should be selected using break even method? what is the point of..

  Based on a market survey

The hotel management was in alignment with the consultant's thinking and changed the type of control chart to X-bar chart. The process was monitored using it and found to be statistically stable. The mean of the guest check-in process was found to be..

  Detrimental to morale and production

The chefs complain that Crine is outspoken, easily offended, domineering, and rebellious. They claim she is the cause of all disharmony in the kitchen and detrimental to morale and production.

  Think healthcare organizations are regarding transparency

Where do you think healthcare organizations are regarding transparency in their information (patient safety, outcomes of patient care, healthcare grades/scores)? Consider public reporting. Have there been improvements in transparency or is there much..

  Stereotypes interfere with intercultural communication

Explain why stereotypes interfere with intercultural communication. How can we avoid stereotyping in the workplace? Please choose one specific type of stereotype and discuss how you might educate others on how to avoid it, or how you would address th..

  Forecast sales-moderate or ambitious approach

If you had to forecast sales would you follow a cautious, moderate or ambitious approach? Why? What part of sales forecasting do you think is really difficult? What information sources can you tap to get a close estimate that would be accurate?

  Responsible for these expenses and the risk involved

Another area of savings in this manner for hiring out subcontractors is in payroll taxes and workers compensation insurance. By subcontracting out, the company that you hire is responsible for these expenses and the risk involved. Thoughts?

  What other aspects of managing a project are affecgted

Is the stretched-S life cycle project form more common or the exponential form? What other aspects of managing a project are affecgted by the nature of the project form besides budgeting and early termination?

  How much safety inventory of phones should best buy carry

Weekly demand for Motorola cell phones at a Best Buy store is normally distributed with a mean of 500 and a standard deviation of 200. Motorola takes two weeks to supply a Best Buy order. Best Buy is targeting a cycle service level of 90 percent and ..

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!

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