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

Examine the role of third party logistics service providers, Examine the ro...

Examine the role of third Party Logistics Service Providers. Logistics includes several inter-related activities of a company such as inventory management, material handling, t

Warehouse, introduction of the imporatance of materials handling and transp...

introduction of the imporatance of materials handling and transportation

Warehousing, why warehousing would considered as a necessary evil

why warehousing would considered as a necessary evil

Elucidate the purchasing process in large organizations, Elucidate the purc...

Elucidate the purchasing process in large organizations? 1. Request to purchase/requisition 2. Supplier selection 3. Purchase order  4. Fulfillment   5. Goods rece

Write a note on assessment tool, Question 1 It is necessary for Supply Cha...

Question 1 It is necessary for Supply Chain managers to identify the obstacles to co-ordination in the Supply Chain so that they can take suitable actions that help achieve co-ord

Issues to select new product and service , To set the foundation for your P...

To set the foundation for your Portfolio, please include the following in your report: a description of your new product/service and why you selected it target market and

Negotiations, buyer is the king since is the one who possesses the finance ...

buyer is the king since is the one who possesses the finance so there is no need for negotiations

Explain the unique characteristics of dairy supply chain, Explain the uniqu...

Explain the unique characteristics of dairy supply chain. Dairy Supply chain - Farmers, Cooperatives, Processors, Retail Outlets, Consumers; Characteristics of dairy supply cha

Sensitivity analysis, If I follow your recommended approach to managing my ...

If I follow your recommended approach to managing my farm so as to maximize my operating income next month, how much will I earn from selling the 100 hogs?” asks Igor. “How many ho

Inspection accuracy, I nspection Accuracy: Project management status r...

I nspection Accuracy: Project management status report is provided in a particular way. As an a example, consider the criteria for doctor to monitor health , he or she checks

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