Explain the rop that will provide a risk of stockout, Operation Management

Assignment Help:

Given this information

Expected demand during lead time = 300 units

Standard deviation of lead time demand = 30 units

Determine each of the following, assuming that lead time demand is distributed normally

a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.)

b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Round your answer to the nearest whole number.)


Related Discussions:- Explain the rop that will provide a risk of stockout

A trial balance discloses how many types of errors, A Trial Balance disclos...

A Trial Balance discloses how many types of errors? A Trial Balance discloses errors that are given below:   i)    An item posted double.   ii)   A mistake into posting.

Perseverance and job related knowledge, (Emotional intelligence; a key fact...

(Emotional intelligence; a key factor to success) I want a 20 question survey for this topic, based on these 5 factors Ethic and integrity, Leadership, Perseverance, Job related kn

Explain smartphones are more likely to be used more, Considering research: ...

Considering research: Smartphones are more likely to be used more by whites or Hispanic

Explain postive reinforcement and executive conditioning, A manager nodding...

A manager nodding to express to a subordinate who is making a useful comment during a staff meeting is a example of/1.equity exchange/2.postive reinforcement/3 executive conditioni

What are the benefits of the total productive maintenance, What are the ben...

What are the benefits of the total productive maintenance? Benefits of Total productive maintenance (TPM): • Less equipment downtime and main stoppages in production providi

Location Strategies, What are the CSF''s in making location decisions

What are the CSF''s in making location decisions

Make a mixed plan for this problem by permitting backordered, X-Print Manuf...

X-Print Manufacturing makes laser printers. One plant assembles the PL-4000 model. Standards indicate that one worker can assemble five printers per day. This model costs about $35

Explain crises are a regular part of organizational life, How do you think ...

How do you think planning in today's organizations compares to planning 25 years ago? Do you think planning becomes more important or less important in a world where everything is

Explain when a female supervisor demands sexual favours, When a female supe...

When a female supervisor demands sexual favours from a male employee so that he can keep his job or get a raise, it is called this- a. same sex harassment b. quid pro quo har

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