User Account

All Pages

Company orders the denim from its supplier every

Assignment Help Business Management
Reference no: EM131272537

The rugged jeans company uses on average 20 rolls of denim daily in its manufacturing process. The amount of denim used is normally distributed with a stand deviation of 2 rolls. The company orders the denim from its supplier every 7 days on Monday morning and it takes 2 days to receive the order. One Monday morning, the company has 5 rolls of denim in its inventory. Rugged Jeans would like to limit the probability of a stock out to 5%. What type of inventory model is suitable for this problem? How many rolls of denim should be ordered at this time? What is the safety stock for the denim used? If instead the store wants to reduce the probability of a stockout to 1%, how many rolls of denim should be ordered?

Reference no: EM131272537

Questions Cloud

Predicting customer behavior : Describe a business situation with which you are familiar that involved predicting customer behavior. Identify the target and input variables. If you cannot think of one then make it up. Were there other variables that should have been added?
Provide an example of a corporation : Provide an example of a corporation that disrupted its industry's traditional value chain in a way that changed how rivals view global competition. Which was more instrumental, the corporation's unique resources and competencies, or factors in its..
What types of hr issues should management be aware : Explain the impact of marketing on other functional areas of the organization by addressing the following questions: What types of human resource issues should management be aware of and sensitive to when making this change in distribution methods?
Whistle-blowing case : What values come into conflict in a typical "whistle-blowing" case? Explain your answer and use at least 2 of the ethical theories to analyze the case and reach a reasoned ethical judgment as to which value ought to be given precedence in the whi..
Company orders the denim from its supplier every : The rugged jeans company uses on average 20 rolls of denim daily in its manufacturing process. The amount of denim used is normally distributed with a stand deviation of 2 rolls. The company orders the denim from its supplier every 7 days on Monda..
Present that contributed to the group synergy : Discuss an experience when you worked in a group where there was synergy. What characteristics were present that contributed to the group's synergy?
Differentiate between a bribe and a grease payment : Differentiate between a bribe and a grease payment. Give an example of each.- How could countries such as China, India, and Russia most effectively improve their TI rankings?
Define the 4p of marketing : Define the 4Ps of marketing. What are the pros and challenges of each that marketers experience when applying to a new product marketing launch plan.
Why your chosen example fits the related category : Crimes are often classified into two major categories: mala se prohibitum (i.e., wrong [as or because] prohibited) and mala in se (i.e., wrong or evil in itself). Provide an example of each and explain why your chosen example fits the related cate..

Reviews

Write a Review

Business Management Questions & Answers

  Problem regarding the impact compensation planning

There are many laws which impact compensation planning. Write a brief narrative in about 250 - 350 words which describes which federal law having the greatest effect on your organization's compensation plan?

  What would be an appropriate reorder point

What would be an appropriate reorder point?  - How does your answer change if demand during lead time doubles?

  Important information about managerial economics and

important information about managerial economics and organizational architecturewhat do you think will happen to the

  Different costs of capital for different operating divisions

In 200 words: Corporations often use different costs of capital for different operating divisions. Using an example, calculate the weighted cost of capital (WACC).

  Determine the types of leadership

Out of these types of leadership, choose 2 from below which explain Billy Beane's display of leadership in Moneyball movie. Please quote scenes from the movie to justify your choice.

  Determine potential contracting problems

EBay is the world's largest online auction. In late 1999, the service listed over 2,000 categories of items from sports memorabilia to automobiles.

  Important information about organizations as

important information about organizations as culturesorganizational culture is one of those high-level things that

  Conducting a taste test using 10 human subjectstaste tests

conducting a taste test using 10 human subjectstaste tests are a tool that marketers have been using for decades. the

  Describe potential cost categories that you have identified

Why have you chosen the particular HR policy or practice for analysis? In general, would you expect that economic gains in this particular area would primarily be associated with lower costs, enhanced value (however you define it), or both?

  Calculate the deadweight loss

If the equilibrium price was $5 for 400 bananas and tax increased by $2, how would you calculate the deadweight loss?

  Material of staff arrangements

Why associations get work force approaches simplify the benefits? What are the sources and material of staff arrangements? Make clear few faculty strategies?

  Addresses functional conflict

Explain how can conflict be managed to ensure that it remains functional? Do managers have a responsibility to ensure that conflict is functional or to eliminate dysfunctional conflict?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd