What safety stock level do you recommend for bx 5

Assignment Help Operation Management
Reference no: EM131259701

Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 7. Ms. Flynn would like to maintain a 90% service level.

a) What safety stock level do you recommend for BX-5?

b) What is the appropriate reorder point?

Reference no: EM131259701

Questions Cloud

What is the expected population in ethiopia in 2020 : Population growth in Ethiopia. In 2008, the estimated population in Ethiopia was 83 million people with a relative growth rate of 3.2%.
Legal aspects of health care administration : A survey of primary-care doctors conducted in 2009 finds that 42% of the 627 respondents believed the patients in their own practice were getting too much care. Just 6% of doctors believed their patients were getting too little care.
How much impact do managers actually have on an organization : How much impact do managers actually have on an organization's success or failure? Provide one example of a manager who has affected the success or failure of an organization.
How many days would production continue : What is the daily demand of this product?  - If the company were to continue to produce 400 units each time production starts, how many days would production continue?
What safety stock level do you recommend for bx 5 : Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. - What safety stock level do you recommend for BX-5? - What is the appropriate reorder point?
Northern renaissance patronage and painting : Discuss the difference between northern Renaissance patronage and painting with those of their southern Renaissance counterparts.
What is the expected world population in 2020 : World population growth. From the dawn of humanity to 1830, world population grew to one billion people. In 100 more years (by 1930) it grew to two billion, and 3 billion more were added in only 60 years (by 1990). In 2009, the estimated world pop..
Everyone-regardless of temperament type : As you engage in this learning process, it is important to remember that everyone-regardless of temperament type or related preferences-experiences some challenges with regard to leadership. The key to success is being able to recognize and levera..
How many drives should be carried as safety stock : What value of Z should be applied? - How many drives should be carried as safety stock?  -  What is the appropriate reorder point?

Reviews

Write a Review

Operation Management Questions & Answers

  Heating-ventilation and air conditioning systems

Atwater Electronics is a New York corporation with its headquarters and manufacturing facilities in New York. Atwater manufactures electronic switches and sells 100% of its switches to Breezeway Systems. Breezeway Systems is also incorporated and loc..

  Describe the security issues specific to cloud computing

Simply explain the concept of a database, making sure you delineate the difference between the organization of a relational database and a non relational database. Explain how encryption protects information and describe the security issues specific ..

  Develop the comprehensive project

Based on the below, describe the process you would use to conduct research, identify findings, and develop the Comprehensive Project and present a preliminary outline indicating how you intend to organize the project deliverable. Find a random num..

  Prepare master production schedule for industrial pumps

Prepare a master production schedule for industrial pumps in the manner of the following table. Use the MPS rule to "schedule production when the projected on-hand inventory would be less than 10 without production." Suppose that a production lot siz..

  Linear programming-transshipment model

RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. Formulate this problem as a transshipment linear programming model. Solve the problem using the computer. Provide a Excel file.

  Environment differ from the industry environment

Why is it important for a firm to study and understand the EXTERNAL environment? How does the General Environment differ from the Industry Environment? Select any industry of your choice: Discuss at least TWO segments of the General Environment that ..

  Would this be moral or immoral

You are a city prosecutor, and a terrible crime has been committed in your city. A 7-year old girl has been kidnapped, brutally raped, tortured, and strangled to death. The case has become something of a cause célèbre, and people are up in arms, outr..

  What is the economic order quantity-maximum inventory level

A small shop makes candles. Monthly demand is 360 boxes. Raw materials can be produced (supplied) at a rate of 36 boxes per day. Daily usage rate is 18 boxes per day. Assume that demand is uniform throughout the month. Setup cost is $60 for a run (or..

  Is the supplier process under control

Suppose the next five rolls from the supplier had three, two, five, three, and seven irregularitiies. Is the supplier process under control?

  Reflecting on what you have learned in this course describe

1 many firms today use 360-degree performance evaluations. make a case for this type of evaluation based on the

  State has sovereign immunity limit

If a State has a sovereign immunity limit of $200,000.00 per claim statute and a law enforcement agency is sued and loses a claim under a 1983 federal action

  Write a two-and-a-half-page report describing various event

Write a two-and-a-half-page report describing various event categories and event-based transactions that are used by the network management systems to bring an alarm, event, or alert to the network manager's attention.

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