Find reorder point for law reorder point for the law firm

Assignment Help Operation Management
Reference no: EM131035392

A printing company has a contract with a legal firm to copy their court documents. Daily demand is a constant at 15000 pages to be copied. The mean lead time for the contractor is 4 days with a standard deviation of 0.75 days for delivering copies. Find the reorder point for the law reorder point for the law firm. Desired service level 95%.

In this problem daily demand is constant.

Reference no: EM131035392

Questions Cloud

Current switch design is composed of two components : USA Company’s current switch design is composed of two components, A and B, in series. The company wants to upgrade the reliability of the switch. As one option, the company is considering the switch option shown below. The reliability of A is 0.9, a..
Identify an issue with the roles of employees : The team members come from many departments. Two members are hardware designers, another is a representative from manufacturing, three are Brazil experts, one is the South America marketing manager, and the final member is the person who will manage ..
Expected total annual holding cost plus ordering cost : First City Bank orders cash from the Federal Reserve Board to meet daily transaction needs. Linda Davis, the operations manager, estimates that $5,000,000 in cash will be needed next month. How much should Linda order from the Federal Reserve Board e..
Contract negotiation methods and pricing as follows : Donald Trump described his contract negotiation methods and pricing as follows, "When I build something for somebody, I always add $50 million or $60 million onto the price. My guys come in, they say it's going to cost $75 million. I say it's going t..
Find reorder point for law reorder point for the law firm : A printing company has a contract with a legal firm to copy their court documents. Daily demand is a constant at 15000 pages to be copied. The mean lead time for the contractor is 4 days with a standard deviation of 0.75 days for delivering copies. F..
What is the annual cost for ordering and holding inventory : ABC Co. can manufacture a subcomponent at the rate of 500 per day when required. Its annual demand for this item is 60000 units. Assume 250 working days per year. Holding cost is $15 per unit per year. Set-up cost is 500 per set-up. find Economic pro..
Strategy to the company own particular circumstances : Which of the following is NOT an analytical tool for revealing a company's competitiveness and for helping to match the strategy to the company's own particular circumstances?
The McCarran-Ferguson Act : The McCarran-Ferguson Act of 1945 and the tax exemption to employees during WWII. (a) Identify one that you would change immediately, because of the major positive impact that it would have on the state of health care in this country; (b) Explain how..
Marketing differ according to business or residential market : Imagine you work in the Marketing department at Dell Computers. You have the task of determining how to market your desktop computers to both business clients and the residential consumer. Considering what you have learned, how might your approach to..

Reviews

Write a Review

Operation Management Questions & Answers

  In what ways can the informal organization

How do centralization, standardization, and horizontal differentiation affect the shape of the organization? In what ways can the informal organization and the norms and values of its culture affect the shape of an organization?

  Business writing is more forceful when active-voice verbs

Business writing is more forceful when it uses active- voice verbs. Revise the following sentences so that verbs are in the active voice. Put the emphasis on the doer of the action. Add subjects if necessary. To protect students, laws were passed in ..

  Determine the safety stock level with the inventory policy

Best Buy continuously reviews its DVD?player inventory levels. For one particular high selling item, it currently buys 250 on each order. Demand is 5200 per year with a standard deviation of 30 per week.

  Explain project life-cycle management

The final six to eight page paper must demonstrate understanding of new learning in the field of project management. It is mandatory to have five sources from the internet or online library to support your views

  Analysis according to the business brief guidelines

Write a one-page analysis according to the Business Brief Guidelines. Complete sentences must be used (bullets not acceptable). Your analysis must be written using a concise writing style. Your brief should incorporate all of following instruction..

  How hr determine supply and demand

Suppose you run HR at a large organization. How will you determine supply and demand? How will employee turnover factor into your decisions?

  Risk management are proactive and reactive strategies

In which process of risk management are proactive and reactive strategies considered?

  Deductive logic appear in all business communications

Inductive and deductive logic appear in all business communications that will give the basis of your argument. What other (5) considerations should also be made in the design of your message?

  Lectures slides on inventory control and decision making

Instructions:1. Please answer the assignment questions in this docx file and save once you're satisfied. Assignment 4 covers the lectures slides on Inventory Control and Decision Making. 2. There are three assignment problems.

  Assignment on capital budgeting case

Capital Budgeting Case, Your company is thinking about acquiring another corporation. You have two choices-the cost of each choice is $250,000. You cannot spend more than that, so acquiring both corporations is not an option. The following are you..

  Comments and behaviors most clearly displayed

Ventura Capital is a financier who specializes in capitalizing start-up companies. Andy Preneur is a would-be entrepreneur. Which of the four key temperaments do you think your comments and behaviors most clearly displayed? 3.Do you agree with each o..

  How can she convince the marketers

• How can she be sure of her judgment? • How can she convince the marketers? • How should she act in this situation?

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