What is the service level

Assignment Help Operation Management
Reference no: EM13965729

EcoTable is a retailer of specialty organiz and ecologically friendly foods. In one of their Cambridge, Massachusetts, stores, they plan to offer a gift basket of Tanzanian teas for the holidays season. They plan on placing one order and any leftover inventory will be discounted at the end of the season. Expected demand for this store is 3,000 units and standard deviation is 500 units. The gift basket sells for $47, the purchase cost to EcoTable is $24, and leftover basket sells for $14. What is the Service Level? (4 decimals)

Reference no: EM13965729

Language of international or global business

Should English or Mandarin be the language of international business? If not, what language should be the language of international or global business? Also, why is it importa

Five stages of tribal development

Please think of an example of a group or organization that you believe exemplifies one of the five stages of tribal development. This could be from your own experience or from

Analysis for strengths-weaknesses-opportunities and threats

Perform an analysis for strengths, weaknesses, opportunities, and threats (SWOT) on the decision to build DIA. Who are the stakeholders and what are their interests or objecti

Discuss different stakeholders views of healthcare quality

Discuss the different stakeholders’ views of healthcare quality. Discuss how structure, process, and outcomes interact within a healthcare organization. Compare and contrast C

Formulate and solve an integer programming model

Harry and Melissa Jacobson produce handcrafted furniture in a workshop on their farm. They have obtained a load of 600 board feet of birch from a neighbor and are planning to

Production scheduling

A simple model is sometimes used in order to illustrate the production-scheduling maxim, ‘‘balance how, not capacity.’’ Consider a factory that consists of three workstations

Optimal order quantity smaller or larger than mean demand

Demand for a seasonal product is estimated to be normally distributed with a mean of 1000 and a standard deviation of 300. If demand exceeds available inventory the seller inc

Demand for particular part-what is economic order quantity

The demand for a particular part called SKU 005 is 1,200 units a year. The cost of one SKU 005 is $40.00. It costs $35.00 to place an order of SKU 005, and the holding cost pe

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