Describe what these two service level mean, Operation Management

Assignment Help:

A cigar company stocks Cuban cigars that have variable lead times because of the difficulty in importing the product. Lead time is normally distributed with an average of 6 weeks and a standard deviation of 2 weeks. Average demand is also normally distributed with a mean of 200 cigars per week and a standard deviation of 25 cigars. a. For a 98% service level, what is the ROP? b. What is the ROP for a 90% service level? c. Explain what these two service level mean. Which is preferable?


Related Discussions:- Describe what these two service level mean

Explain what is the best production order quantity, Johnson Plastics makes ...

Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnsons expected demand for the display cases is 1,000 units, and ave

What unique challenges do research provide for km, Critical thinking questi...

Critical thinking questions: what unique challenges do research and development labs provide for KM implementation? What is the benefit of MITRE's evolutionary approach to KM?

Explain the nature of leadership and relate leadership, A: Describe the nat...

A: Describe the nature of leadership and relate leadership to management. B: what are the distinctions between management and lead?

Explain estimate of the dates of the milestones, You are in charge of organ...

You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall which will seat 30 couples and have hired a band. Develop a scope statement for

Explain develop an aggregate production plan, ABC Company, a manufacturer o...

ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected production days for months March to Augus

Explain some possible strategic initiatives, Suggest some possible strategi...

Suggest some possible strategic initiatives that Sigma could pursue to continue its growth

Explain how do you define strategy, • How do you define strategy? • Have...

• How do you define strategy? • Have you ever held a position that had direct responsibility for strategy formulation or execution? • What was your role in strategy for that

Explain handling of electronic evidence, Discuss how the improper handling ...

Discuss how the improper handling of electronic evidence can adversely affect a criminal case. In your response explain the precautions that should be taken when investigators are

Explain quality academic resources in this assignment, Assume that you are ...

Assume that you are a business owner or business professional, in a company and industry of your choice, responsible for creating and executing the companys strategic plan. 1. D

Explain external factor evaluation, Develop an EFE (External Factor Evaluat...

Develop an EFE (External Factor Evaluation) Matrix for McDonald's Corporation.

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