Assignment 2, Supply Chain Management

Assignment Help:
Suppose you are a corporate buyer. One of your suppliers delivers a particular part in 12 days on average; with a standard deviation of 3/ The daily usage averages 20 units per day with a standard deviation of 4. What is the standard deviation of demand during lead-time? If you use a continuous review policy, how much safety stock would you want on hand to ensure at least 90 percent availability of the part while waiting for replenishment?

Related Discussions:- Assignment 2

Design the internal operations of the depot, Supreme is a major supermarket...

Supreme is a major supermarket chain in Mauritius, with one central distribution depot. It is sited at the Upper Plaines Wilhems and handles all the normal range of products such a

Definition - inspection, Definition - Inspection, Test and Measurement in Q...

Definition - Inspection, Test and Measurement in Quality Inspection can be defined as the formal evaluation exercise which studies the  characteristics  of  the  product  to

Supply chain quality planning, Supply Chain Quality Planning Structurin...

Supply Chain Quality Planning Structuring the supply chain requires an understanding of the request patterns, service level requirements, distance considerations, cost elements

Higher Education in India:, This is for a Supply Change class Higher Educat...

This is for a Supply Change class Higher Education in India: country evaluation from both political and economic benefits and risks perspective. Company chose is Education Manageme

Describe the several financial ratios, Problem 1: Describe  the need fo...

Problem 1: Describe  the need for safety stock - Demand fluctuation, delay in receipt of inventory, impact of slow delivery - Advantages of safety stock Problem 2: D

Case1, ATo: You From: Danny Wilco Subject: Re: Ordering product for EBB...

ATo: You From: Danny Wilco Subject: Re: Ordering product for EBBD from the Kentucky Hooch and Beer Company Now that you have become familiar with EBBD and how we do things her

Analyse the stages of the procurement cycle, Problem 1: What do you mea...

Problem 1: What do you meant by the ‘Purchasing Function'? Describe some benefits accrued to a firm having an effective purchasing function? Problem 2: Purchasing Depar

The Risk Pooling Game Report. , The Risk Pooling Game Report. Dear, Is r...

The Risk Pooling Game Report. Dear, Is required to play this game and do the following: - You got three categories. - Default model. - High demands verses low demands variance.

Explain the concept of service mapping with example, Question 1) Explain t...

Question 1) Explain the concept of Service mapping with example Question 2) A. Factors that influence customer expectations                     B. Pricing strategies follo

Write Your Message!

Captcha
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