What is the reorder point

Assignment Help Operation Management
Reference no: EM131270622

The annual demand for a product is 5,000 units. The company orders 200 units each time an order is placed. The lead-time is 6 days, and the company has determined that 25 units should be held as a safety stock. There are 250 working days per year. What is the reorder point?

6 units

20 units

145 units

120 units

Reference no: EM131270622

Questions Cloud

Survey problems and propose improvements : My project is to survey problems and propose improvements at my new job as an employee (a dispatcher) at Flight Services and Systems (FSS) at Logan International Airport, Boston, Massachusetts. Find a video that describes a success story in an organi..
Create task development timeline : Create a Task development timeline OR a Gantt chart for a LEAD POISONING PREVENTION PROGRAM to describe the timetable for implementing this proposed health promotion program.
Logic model for lead poisoning prevention program : Create a logic model for a LEAD POISONING PREVENTION PROGRAM that illustrates this proposed health promotion program.
Calculate the schedule variance-schedule performance index : A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third..
What is the reorder point : The annual demand for a product is 5,000 units. The company orders 200 units each time an order is placed. The lead-time is 6 days, and the company has determined that 25 units should be held as a safety stock. There are 250 working days per year. Wh..
Money to allocate for soda-traditional soda advertising : BP Cola must decide how much money to allocate for new soda and traditional soda advertising over the coming year. The advertising budget is $10,000,000. Because BP wants to push its new sodas, at least one-half of the advertising budget is to be dev..
The best combination of barrels of pruned and regular olives : The seasonal yield of olives in a Piraeus, Greece, vineyard is greatly influenced by a process of branch pruning. If olive trees are pruned every two weeks, output is increased. The pruning process, however, requires considerably more labor then perm..
Discuss global supply chain and possible remedies : Discuss Somerset's global supply chain and possible remedies for its supply chain problems, including strategic and tactical changes that might improve the company's supply chain performance, reduce system variability, and improve quality and custome..
Discuss trends of juvenile violence-juvenile property crime : Discuss the trends of Juvenile violence, juvenile property crime, and juvenile drug use in the United States and other comparable countries. Discuss the differences and similarities between public and private juvenile institutions. Discuss four ways ..

Reviews

Write a Review

Operation Management Questions & Answers

  Describe the objectives of failure mode and effect analysis

Describe the objectives of failure mode and effect analysis, fault tree analysis, and value analysis. Why would this approach be applied?

  Formulate a linear programming model-meal preparation plan

Angela Fox and Zooey Caulfield were food and nutrition majors at State University, as well as close friends and roommates. Suppose Angela and Zooey reconsidered the demand for beef dinners and decided that at least 20% of their customers would purcha..

  Why global beverage company require the central management

Why would businesses like your chosen global beverage company require the central management of all of these various currencies by a central authority like the International Monetary Fund?

  Outsourcing cool case study for marketing management

"Outsourcing Cool" case study for Marketing Management. Do you think consumers would buy Apple products if they were aware of the labor law violations of Apple's suppliers? How would this activity affect your personal buying habits for a product?

  Recently insisted on implementing a policy of resume checks

A new personnel director recently insisted on implementing a policy of resume checks for hires on current employees receiving promotions who had not been through such checks

  Arrange the list into the best chronological sequence

Plan a party for 35 people and describe the type of documents or other communication needed to complete the task. Identify the nature of the group—family members, work colleagues, professional association. Arrange the list into the best chronological..

  Propose viable changes to a purchasing system to secure

Propose viable changes to a purchasing system to secure increased effectiveness

  Assignment on managing catering supplies

Managing Catering Supplies, Lisa Noriega developed the spreadsheet shown in Figure 4-24 so that she can better manage her inventory of disposable cater-ing supplies. Download the spreadsheet named Ch04Ex01 so you can help her with the inventory an..

  Car companies yet to introduce a sport utility vehicle

Roger is a director of a major car manufacturer. This is one of the few remaining car companies yet to introduce a sport utility vehicle. Roger convinces the board to investigate forming a new division to design, build and market a sport utility vehi..

  About the relative market share

Relative market share is A Calculated by dividing a company's percentage share of total industry sales volume by the percentage share held by its largest rival B Calculated by adjusting a company's revenue share up or down by a factor proportional to..

  Analyze how trends impact the organizational strategy

Analyze how trends impact the organizational strategy of a firm or industry. Evaluate the context of the global market, including sensitivity to economic and cultural diversity, for the impact on an organization's strategy.

  Supportive of flexible innovative work environment

"SPL Family is preparing to initiate a program whereby employees may participate in a telework program. We anticipate that implementation of the program will begin sometime next quarter. To qualify for this program, an employee must secure the approv..

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