What is the reorder point

Assignment Help Operation Management
Reference no: EM13230169

The injection molding department of a company that operates 24x7 uses an average of 20 gallons of special lubricant per day. It takes two weeks for an order of lubricant to be delivered.

a. If safety stock is enough for two days, what is the reorder point?

b. If the usage of lubricant is normally distributed, with a standard deviation of 5 gallons per day and the company wants a service level of 87%, what is the reorder point?

 

Reference no: EM13230169

Previous Q& A

  How will this influence the new store coordinates

Census tracts 103 and 105 are each projected to grow by 20% in the next year. How will this influence the new store's coordinates?

  Determine what is the instantaneous voltage at t of signal

An AC signal has a peak value of 100 V and a frequency of 60 Hz. If the voltage crosses zero in a rising direction at t=0 seconds, what is the instantaneous voltage at t = 0.004167

  Determine what is the mmf of the solenoid in ampere-turns

A 800 turn solenoid has a total wire length of 400 feet of AWG 24 copper wire. This wire has a resistance of 26.17 ohms per 1000 feet. The voltage measured from one end of the solenoid to the other is 21 volts. What is the mmf of the solenoid in a..

  Using stocks and options to create risk-free hedge portfolio

Methods of using stocks and options to create a risk-free hedge portfolio can be created. Support your answer with examples of these methods being used to create a risk-free hedge portfolio.

  Find the area of the region bounded by the parabola

Find c > 0 such that the area of the region enclosed by the parabolas y = x^2 - c^2 and y = c^2 -x^2 is 30. c= 6. Find the area of the region bounded by the parabola y = 4 x^2, the tangent line to this parabola at (3, 36) and the x axis.

  What qualities do think supervisors take into consideration

What qualities do you think supervisors take into consideration when choosing whom to give a promotion to at work?

  Describe siosan utility function

Describe Siosan's utility function. Contrast her utility function with that assumed in traditional finance theory.

  Why are isoquants negatively-sloped

Why are isoquants negatively-sloped?

  Are some encounters on your list riskier than others

Are some encounters on your list riskier than others? Why or why not?

  What are the pros and cons of bureaucratic controls

What are the pros and cons of bureaucratic controls such as rules, procedures, and supervision? Should all organizations use bureaucratic controls? Why or Why Not?

Reviews

Write a Review

 

Similar Q& A

  Estimate the upper and lower control limits

A machine at the Pacific Fruit Company fills boxes with raisins. The labeled weight of the boxes is 9 oz. The quality control department sampled five boxes at two hour time intervals to construct a control chart.

  What is the makespan and machine idle time

Job Work Center/Machine Hours Due Date (days) 1 A/3, B/2, C/2 3 2 C/2, A/4 2 3 B/6, A/1, C/3 4 4 C/4, A/1, B/2 3 What is the makespan and machine idle time?

  Discuss advantages also disadvantages of intermediaries

Discuss advantages also disadvantages of utilizing intermediaries like wholesalers, agents also brokers to distribute your organizations products or services.

  Aware of when using equity financing

If you decide to use equity financing, where would you find equity financing? What should you be aware of when using equity financing?

  Calculate the economic order quantity

How does the Kanban process focus on the individual within the teamwork concept and How is the Kanban process linked to the Kaizen process and What is capacity planning

  Classify the waiting system in which the platform trucks

Due to the space restrictions, loading equipment design also other reasons, the loading itself needs an average of 12 minutes.Classify the waiting system in which the platform trucks are servers.

  Find breakeven and target profit volume

Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl.

  Determine the range of annual volume

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house.

  Effectiveness of planning and consulting department

Assess the performance measures by which senior management will evaluate the effectiveness of the planning and consulting department regarding the department's role in the justification of the new hospital.

  What is the average inventory if costs are minimized

M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the components has an annual demand of 265 units, and this is constant throughout the yea..

  Compute optimal order quantity and average inventory

A grocery store needs to sell 3,000 cartons of 2L 2% milk per month. The sales is relatively constant throughout the month. The owner of this grocery store purchases milk from a supplier 50 miles away for $2 per carton, and it takes a day to restock.

  Bobble head dolls for major league baseball

Your company makes all the bobble head dolls for Major League Baseball. The doll making procedure is the same for all bobble heads, they are then sent to the painter to make each bubble head match the look of a specific player

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