Weekly demand for road salt in small community

Assignment Help Operation Management
Reference no: EM131131420

During the winter season, the weekly demand for road salt in a small community is Normally distributed with a mean of 800 pounds and a standard deviation of 200 pounds. It takes one week lead time to get more salt delivered. To achieve a 99% service level, what should be the reorder point? What are the service levels (probability of not having a stock out) if the salt is reordered when the inventory level drops to (a) 1200 pounds (b) 1000 pounds (c) 900 pounds (d) 850 pounds (e) 800 pounds. Reorder point to achieve 99% service level = ______________ Reorder point Service level 1200 1000 900 850 800

Reference no: EM131131420

Planning-organizing-leading and controlling

In the first part of the semester, we discussed management functions – planning, organizing, leading, and controlling. Apply these functions to the technology function of rese

What additional annual cost is the shop incurring by staying

Garden Variety Flower Shop uses 670 clay pots a month. The pots are purchased at $2.40 each. Annual carrying costs per pot are estimated to be 10 percent of cost, and ordering

Develop high level performance management cycle plan

Develop a high level performance management cycle plan (4-5 pages). The plan should contain an introduction and conclusion that makes relevant connections to course objectives

What daily order quantity is optimal

Burger Prince buys top-grade ground beef for $1.00 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local hi

Environmental forces

Based on this...You are the marketing expert for a consulting firm hired to develop a marketing plan for a new tourist restaurant in Florida based on a magical fantasy-type th

In particular section of progressive field

In a particular section of Progressive Field, there is one “family restroom” (where a mom can take her young son to the bathroom). The time between customers is 7 minutes. The

Forecasting is an essential tool making orders

Forecasting is an essential tool making orders and projects consumer demands for products. In the case of Kentucky Swamp Brew Beer, how I would use forecasting to help determi

Upper management has been considering for management positon

You are an "up-and-coming" analyst at a local manufacturing company that upper management has been considering for a management position. Your company and the current manageme

Reviews

Write a Review

 
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