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

Explain what is meant by mass customization, What is meant by mass customiz...

What is meant by mass customization? How can market conditions and consumer desires affect customization? Explain any price considerations that must be factored into the mass custo

Explain what are the social and ethical challenges, What are the social and...

What are the social and ethical challenges that Nike has to wrestle with?

Observation of behaviour of company - service process matrix, Observation o...

Observation of behaviour of company - Service Process Matrix Schmenner observes that many service industries seem to be adopting competitive stances which imply moving up the

Explain and contrast the rights of bond holders, Describe and contrast the ...

Describe and contrast the rights of bond holders and preferred stockholders. Which has the best position in a default, which one would you buy all other things being equal?

Describe the importance of each in relation to outsourcing, List five consi...

List five considerations to consider when starting to define the scope of the business process outsourcing transaction and discuss the importance of each in relation to outsourcing

Explain objectives of organisational development, Explain objectives of org...

Explain objectives of organisational development. Objectives of Organisational Development (i) Enhancement in the performance of the organisation. (ii) Enhancement in t

Explain union leaflet urging employees, Suppose a co-worker just brought yo...

Suppose a co-worker just brought you a union leaflet urging employees to sign an authorization card. What may happen from this point on?

Explain the most appropriate for domino''s to consider, Evaluate alternativ...

Evaluate alternative structures to determine which one would be most appropriate for Domino's to consider and discuss likely benefits Domino%u2019s would realize from adopting that

Explain lifestyle entrepreneur, Define the following in your own words, do ...

Define the following in your own words, do not copy and paste, won't give points for that Lifestyle Entrepreneur Serial Entrepreneur Classic Entrepreneur

Explain manager able to overcome your resistance, Managers, think back to a...

Managers, think back to a time when a manager announced a change that you, the employee, did not want to adopt. What was the reason(s) for your resistance to change? Was the manage

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