Annual demand for particular halogen bulb

Assignment Help Operation Management
Reference no: EM131113598

Annual demand for a particular halogen bulb is D = 12800 at a business that operates 320 days per year. The cost per order, S, is dollar 12 and the holding cost per unit per year is dollar 3. If the lead time is 16, and demand during lead time follows a normal distribution with a mean of 640 and a standard deviation of 100, what level of safety stock is required to ensure a 90 percentage service level? (Determine the z value to the 2nd decimal digit only.) Specify as a whole number by rounding the final calculation.

Reference no: EM131113598

Questions Cloud

Framework toward consistent customer service looks like : After reviewing the first paragraph in your response, I would have to conquer with you and say that it's very difficult to get people to maintain consistent levels of customer service. What do you recommend as a potential solution to this issue? Or, ..
Discuss the difference between the five levels of protection : Briefly discuss the difference between the five levels of protection. Provide a detailed example of physical security tools and strategies that could be implemented at each level
Globalization and knowledge management : Huber (2004) wrote on the topic of organizational learning and knowledge acquisition. He noted that a firm or organization's survival is linked to three dependencies:
The computation of net income : Why inventories should be included in(a) A statement of financial position and(b) The computation of net income?
Annual demand for particular halogen bulb : Annual demand for a particular halogen bulb is D = 12800 at a business that operates 320 days per year. The cost per order, S, is dollar 12 and the holding cost per unit per year is dollar 3. If the lead time is 16, and demand during lead time follow..
Where should he or she invest to maximize the return : Currently, the spot exchange rate is €1.01 per dollar and the six-month forward exchange rate is €0.99 per dollar. The treasurer of IBM does not wish to bear any exchange risk. Where should he or she invest to maximize the return?
American business management : Why has there been (and still is ) such strong opposition to the trade union movement by American business management?
Racing it training a new pit crew : Subaru Racing it training a new pit crew. In its first practice run, the crew was able to complete all the tasks in exactly 30 seconds. The second time the crew performs the task it shaves off 4.5 seconds. “Dare-devil” Williams, the VP for Subaru Rac..
Explain in full the concept of the war on drugs : Explain in full the concept of the "war on drugs." Based upon what you have learned, do you think it was successful

Reviews

Write a Review

Operation Management Questions & Answers

  Should the senior executive terminate this project

A senior executive in a fast-paced, high-technology company is faced with making a decision on whether to terminate a troubled product development project. There is strong competition in the marketplace, and the company must protect its position. Sho..

  What is the total cost of a package of dog biscuits

Are any constraints redundant? If so, which one or ones? (d) What is the total cost of a package of dog biscuits using the optimal mix?

  Core competencies is their operational efficiency

One of Chipotle's core competencies is their operational efficiency. List two sources for that efficiency and how they might use that source in developing a similar concept Asian food restaurant.

  Focusing on the performance of individual brands or models

What are the pros and cons of a retailer’s using category management as opposed to focusing on the performance of individual brands or models?

  About the future value of annuity

You deposit $10,000 into a retirement account at the end of the next 10 years earning 9% interest, what is the future value of your retirement after 10 years?

  How did the appellate court rule

In the fall of 2001, Kim Young, who at the time was 18 years old and had been living with her parents all of her life, decided that she “wanted to move out and get away from [her] parents and be on [her] own.” Young and a friend, Ashley Springer, als..

  Is watters personally liable

Piercing the Corporate Veil M.R. Watters was the majority shareholder of several closely held corporations, including Wildhorn Ranch, Inc. (Wildhorn). During August 1986, two guests of Wildhorn Ranch Resort drowned while operating a paddleboat at the..

  Between the hours of one and three in the afternoon

between the hours of one and three in the afternoon customers arrive at the central national bank office at an average

  Linear programming model-optimal solution and maximum profit

Given this linear programming model: Explain what information is presented in this model. If they sell 4 of x and 5 of y, what is their total profit? Determine the optimal solution and maximum profit.

  Common law tradition and sources of law

As an introduction to this training series, write a two-to-three page paper outlining the common law tradition and sources of law

  Share your thoughts on the automatic investment plan

Share your thoughts on the Automatic Investment Plan (AIP). Does the AIP make sense for most people? Does it make sense for you? Do you plan to follow the principles of the AIP? Why or why not? in 75 to 150 words only.

  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 CQI (TQM) and six sigma approaches to quality improvement.

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