Maximum number of units of inventory that can accumulate

Assignment Help Operation Management
Reference no: EM131422075

Suppose a "lean" work center is being operated with a container size of 25 units and a demand rate of 100 units per hour. Also assume it takes 180 minutes lead time to fulfill a downstreamcontainer request.

A. Assuming a safety stock factor of 8 percent, how many containers are required (answer in integer number of containers)?

B. Using the integer from part A, what is the maximum number of units of inventory that can accumulate?

Reference no: EM131422075

Questions Cloud

Internal assessment fit with the strategic planning process : How does internal assessment fit with the Strategic Planning process? discuss what you believe are the ties between internal assessment and employee development? What are the grievance procedures in a union?
Determine the probability of running out of stock : The daily demand for camera films at a gift shop is N(30,5). The cost of holding a roll in the shop is $0.02 per day, and the fixed cost of placing a replenishment order is $30. Determine the probability of running out of stock.
Building an internally consistent job structure : Respond to the statement “Building an internally consistent job structure is burdensome to companies. Instead, it is best to simply define and evaluate the worth of jobs by surveying the market.” Do you disagree, why or why not?
Decided to launch new retail chocolate products : Chocoberry, our You Decide from previous weeks, decided to launch new retail chocolate products that would claim lower calories, high antioxidants, and other similar benefits. How would this measure up to the five factors of diffusion? Who would you ..
Maximum number of units of inventory that can accumulate : Suppose a "lean" work center is being operated with a container size of 25 units and a demand rate of 100 units per hour. Also assume it takes 180 minutes lead time to fulfill a downstreamcontainer request. Using the integer from part A, what is the ..
Statements concerning participative management : Participative Management (PM) is an important means of motivating members of the workforce. Which of the following statements concerning participative management is false?
Benefits of lean implementations : Benefits of lean implementations include all of the following except:
Best example of non-value adding activity : Which of the following is the best example of a non-value adding activity?
Organizational culture refers to : Organizational culture refers to

Reviews

Write a Review

Operation Management Questions & Answers

  Which of the following best explains johnnies situation

Soon, he began to hate going to school, and his grades also suffered. Which of the following best explains Johnnie's situation?

  Specifically it considers the option to abandon a project

gleason research regularly takes real options into account when evaluating its proposed projects. specifically it

  How the different compensation levels were determined

You are the human resource manager of a local university, and you have been asked to explain the differences in compensation among instructors, assistant professors, associate professors. Using the information you have learned within this unit, creat..

  What is the average number of customers in the waiting line

At a small neighborhood grocery store, customers form a single line and arrive the checkout of the store at a rate of 20 per hour (Poisson). Matt, the store owner who works at the single checkout station, takes on average 2 minute (exponential) to se..

  What is the forecast for the next time period

Use a five day moving average to forecast the number of bottles that Systembolaget expect to sell during the upcoming week! What is the forecast for the next time period if Systembolaget uses exponential smoothing with a smoothing constant of .2?

  Create a culture for quality and performance excellence

Explain what knowledge, experience, and/or skills you possess that will help you create a culture for quality and performance excellence. Explain what knowledge, experience, and/or skills you need to develop in order to be better able to create a cul..

  What marketing communication mix the company will use

You recently purchased a new vechicle, how does the product type influence what marketing communication mix the company will use?

  What type of post acute care facility

Many elderly patients are being discharged from acute care hospitals after undergoing procedures such as knee replacement surgery, and they need extensive rehabilitation services. From a strategic planning perspective, investment in what type of post..

  Differences and similarities between marketing plan

differences and similarities between marketing plan, strategic marketing plan and tactical marketing plan.

  Beyond promotions and the threat of layoffs

Blue Cross and Blue Shield, and Others case Organizational change goes beyond promotions and the threat of layoffs. Ways other than those discussed in the case would you use to entice the people to embrace proposed changes? Provide several suggestion..

  Explain the process of workplace analysis

Explain the process of workplace analysis: How does it help in reducing violence at work? Compare and contrast the response agencies housed at the local, state, and federal levels. list and describe three things that markets who believe in instrument..

  What are the weaknesses or limitations in the analysis

What are the weaknesses or limitations in this analysis. How might they be corrected or reduced

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