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

Bottlenecks - transformation process, Review your transformation process an...

Review your transformation process and identify the major bottlenecks that might be restricting smooth flow of operations, causing delays and impacting process performance.  Exp

Stepping stone method to obtain an optimal solution, A company has three fa...

A company has three factories A, B and C which supply units to warehouses X, Y and Z every month. The capacities of the factories are 60, 70 and 80 units at A, B and C

Analytics Exercise: Forecasting Supply Chain Demand—Starbuck, 1 Consider us...

1 Consider using a simple moving average model. Experiment with models using five weeks’ and three weeks’ past data. The past data in each region are given below (week 21 is the we

Explain the impacts of e-commerce on supply chain management, Explain the i...

Explain the impacts of e-Commerce on Supply Chain Management Impacts of E-commerce on SCM - a. Cost efficiency b. Flexibility in distribution system c. Customer orient

Discuss the validity in Zimbabwe of the grounds on w, Discuss the validity ...

Discuss the validity in Zimbabwe of the grounds on which the profit maximising model of the firm has been defended.

Stocks, Differentiate between stock checking, stock taking and stock verifi...

Differentiate between stock checking, stock taking and stock verification

Demand forecasting, As1. Ms. Winnie Lin’s company sells computers. Monthly ...

As1. Ms. Winnie Lin’s company sells computers. Monthly sales for a six-month period are as follows: MONTH SALES Jan 18,000 Feb 22,000 Mar 16,000 Apr 18,000 May 20,000 Jun 24,000 a.

Total landed cost analysis, How to integrated the cost elements such as adm...

How to integrated the cost elements such as administrative overheads and risks in total landed cost model? Seems these two cost elements are hard to quantify.

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