Explain what is the optimal stocking level, Operation Management

Assignment Help:

Henrique's Correa's bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day-old cakes are virtually always sold but at a 50% discount off the regular $10 price. The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?

Related Discussions:- Explain what is the optimal stocking level

Operation research, penality

penality

Facility Location, Steps in location Selection.

Steps in location Selection.

Define what can companies and organizations do to facilitate, What can comp...

What can companies and organizations do to facilitate diversity?

SEQUENCING PROBLEM, HOW TO SOLVE SEQUENCING PROBLEM FOR N-JOB AND M-MACHINE...

HOW TO SOLVE SEQUENCING PROBLEM FOR N-JOB AND M-MACHINES

What software applications can support inbound logistics, Q. What software ...

Q. What software applications can support inbound logistics? The following software applications can support inbound logistics: Bar coding for the receipt, movement and

Define how each it project supports bill''s umuc pizza, Explain how each IT...

Explain how each IT project listed above specifically improves and/or supports Bill's UMUC Pizza business

Public sector - health care, Public Sector - Health Care 1. Increased...

Public Sector - Health Care 1. Increased consumer demands - increased performance measurement 2. Increased quality of service and choice demanded 3. Increasing salaries

A budget is using which manager who is using spreadsheet, a budget is using...

a budget is using which manager who is using spreadsheet software to prepare department budget is using which managerial skills according to Katz/1.human/ 2.technical/3.conceptual/

I need to describe forecasting, I need to explain forecasting, also how it ...

I need to explain forecasting, also how it is performed at St. Arnold's Brewery (Houston, TX) also what forecasting error is and if there has been any in the past.

Explain the best way to handle the situation in the future, How is Microsof...

How is Microsoft and other software manufacturers combating the threat of open source software and other free tools that compete with its commercial products? Do you think that thi

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages