What is the safety stock and rop, Operation Management

Assignment Help:

Chicago's Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of 100 towels per day, based on occupancy. The laundry firm that has the linen contract requires a 2-day lead time. The hotel expects a 98% service level to satisfy high guest expectations.

A) What is the ROP?

B) What is the safety stock?


Related Discussions:- What is the safety stock and rop

Linear Programming Problem, A paper mill produces two grades of paper viz.,...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Explain what is the annual cost for ordering item x, Item X is a standard i...

Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2,500 of item X, which costs $25 each. Storage cost

Explain how to negotiate for more compensation, Describe how to negotiate f...

Describe how to negotiate for more compensation. Explain why one must be assertive to earn what he or she deserves. Relate four things not to do when asking for a raise. How much c

Capacity planning and control , Analyse a given situation and select a capa...

Analyse a given situation and select a capacity planning and control approach

Explain current business operating on a global scale, Introduce a new speci...

Introduce a new special form of insurance for current business operating on a global scale with a diverse work force, which includes virtual employees.

Explain judges selected based on the courts system, What are six ways judge...

What are six ways judges selected based on the courts system?

Describe a work breakdown structure, A Work Breakdown Structure (WBS) compo...

A Work Breakdown Structure (WBS) component is a term that simply refers to an entry in the WBS that can be at any level.

Explain level production and chase production strategies, Henderson Furnitu...

Henderson Furniture sells reproductions of 18th century furniture. For a particular table, the following information is valid. Month | Demand Jan 81 Feb 89 Mar 100 Apr 130 May 97 J

Explain what is the minimum sales quantity, Ski Boards, Inc., wants to ente...

Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has two choices: (A) make major modifications at a fixed cost of $26,000, or (B) purchas

Explain the role of a pilot project in information systems, Petrie's Electr...

Petrie's Electronics Case, Chapter 10, Questions 1%u20135 (page 359). 4. What is the role of a pilot project in information systems analysis? Why do you think the Petrie%u2019s

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