Salesperson visits from one of pharmaceutical companies

Assignment Help Operation Management

Reference no: EM132186427

University Drug Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the pharmaceutical companies. Tetracycline is one of its most prescribed antibiotics, with an average daily demand of 2,000 capsules. The standard deviation of daily demand was derived from examining prescriptions filled over the past three months and was found to be 800 capsules. It takes five days for the order to arrive. University Drug would like to satisfy 99 percent of the prescriptions. The sales person just arrived, and there are currently 25,000 capsules in stock. How many capsules should be ordered?

Reference no: EM132186427

Questions Cloud

Find the number of books JRB must sell to break even : Find the number of books JRB must sell to break even.

Project management process groups fit in other life cycles : Research and summarize Apple product life cycles and consider how would the project management process groups fit in other life cycles.

How were the quality measures developed : How were the quality measures developed? How does evidence become a quality measure? Who develops quality measures?

What conclusions can you draw from distribution of products : Tabulate the results at the bottom of each column. What conclusions can you draw from the distribution of your products?

Salesperson visits from one of pharmaceutical companies : University Drug Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the pharmaceutical companies.

Result in company lack of competitiveness : How would you respond to the simple statement, "A lack of critical thinking can result in a company's "lack of competitiveness."

Sometimes problematic situations at work compound : Sometimes problematic situations at work compound to an elevated level you are able to cope with, but this week, you noticed that you are easily agitated,

Amounts of inventory to order for different office supplies : Christie often uses EOQ analysis to determine optimal amounts of inventory to order for different office supplies.

Find the necessary planned-order releases for all components : Use the low-level-coded bill-of-materials to find the necessary planned-order releases for all components.

User Account

All Pages