How much safety inventory of phones should best buy carry

Assignment Help Operation Management
Reference no: EM13969150

Weekly demand for Motorola cell phones at a Best Buy store is normally distributed with a mean of 500 and a standard deviation of 200. Motorola takes two weeks to supply a Best Buy order. Best Buy is targeting a cycle service level of 90 percent and monitors its inventory continuously.

How much safety inventory of phones should Best Buy Carry?

Reference no: EM13969150

Questions Cloud

Who freely and knowingly engage in wrongful actions : Moral responsibility or blameworthiness that attaches to persons who freely and knowingly engage in wrongful actions is sometimes referred to as
Most challenging or illogical within the software : Describe your understanding of how the EHR is used in the medical setting. How does this streamline data and one’s ability to abstract information? Which functions of the EHR do you find to be the most challenging or illogical within the software? Wh..
What is the total inventory-related cost of this decision : Rushton trash company stocks, among many other products, a certain container, each of which occupies four square feet of warehouse space. The warehouse space currently availale for storing this product is limited to 600 square feet. What is the cost-..
Measurement of division-division manager performance : The company uses return on investment and dollar profits in the measurement of division and division manager performance. 1. Assume that you are the division controller of Ajax. Would you recommend that Ajax supply fitting no. 1726 to Defco? Why or..
How much safety inventory of phones should best buy carry : Weekly demand for Motorola cell phones at a Best Buy store is normally distributed with a mean of 500 and a standard deviation of 200. Motorola takes two weeks to supply a Best Buy order. Best Buy is targeting a cycle service level of 90 percent and ..
What is the total cost-revenue and profit for selling : The fixed monthly production cost is $15,000 and the variable cost per snowboard is $35. The snowboards sell for $130 a piece. What is the break-even volume for the company? What is the total cost, revenue, and profit for selling 210 boards
What is the associated order policy : Consider the following for a purchased item. Time between reviews= 3 months lead time= 2 months unit cost= $590/unit cost of capital= 20% demand= 2773 units/year with standard deviation= 84 units/year desired cycle service level is 99.9% ordering cos..
What assumptions have the contributors made : What assumptions have the contributors made? Are these assumptions justifiable? Why or why not? Are there errors in the scientific or factual information included in the article?
What is probability that randomly selected item is defective : In a production run of 300 units, there are exactly 20 defective items and 280 good items. What is the probability that a randomly selected item is defective? If two items are sampled without replacement, what is the probability that both are good?

Reviews

Write a Review

Operation Management Questions & Answers

  Transformational leaders

Skilled negotiators prefer using e-mail, video-conferences, and other forms of electronic communication when negotiating, rather than meeting face-to-face. Transformational leaders:  Prevention, Forecasting and Absorption are coping strategies associ..

  What is business model design and innovation

What is "Business Model Design and Innovation"? Please provide examples and discussion for each factor listed). At least 3 paragraphs.

  Which batches should machine center b be used

Job shop makes products in batches ranging from 1 unit to 1 hundred units. Assuming capacity is not a limitation on either machine, on which batches should Machine Center B be used.

  Is there a secondary reason as well

What Is The Primary Reason People Buy And Own Major Appliance Such As Washing Machine. Is there a secondary reason as well?

  Create environments where performance is enabled

Discuss the following statement in the forum: Instead of worrying about job satisfaction, companies should be trying to create environments where performance is enabled. What do you think this statement means? Explain. What is your reaction to this s..

  Describe the privacy requirements under hipaa

What are the privacy requirements under HIPAA? Explain why confidentiality of health information has been a controversial public policy issue. Give a real world example.

  The potential challenges or limitations of feed forward

Create a new post that describes your experience using feed forward. Explain how you might use this tool as a manager in your current organization or in the future, as well as the potential challenges or limitations you see in using the feed forwa..

  Illustrate what is advantages of balanced scorecard approach

Illustrate what is advantages of balanced scorecard approach also elucidate how is differ from traditional approach.

  Describe the group project

Describe the group project. Discuss how your group was able to avoid conflict and criticism (or not). Explain how the group was able to stay away from peer pressure and group think.

  Explain why do we need all of this safety training

Read the Colleague to Colleague Discussion Case, Why Do We Need All of This Safety Training? If you were asked to deal with this situation, how would you respond? Include a discussion of the importance of safety training for supervisors in your re..

  What is the average number of customers in line

Suppose a second server is added and the 2 servers act independently, with each taking an average of 2.0 minutes. If a second teller is added, the average time a customer spends in the system in minutes is?

  Squire transportation is a large national truckload

Squire Transportation (Squire) is a large national truckload (TL) carrier in the United States covering routes going both east-west and north-south. Squire’s average length of haul is 1,200 miles with approximately 10 percent empty miles.

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