Appropriate reorder point

Assignment Help Operation Management
Reference no: EM131652171

A newspaper publisher uses roughly 810 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is six workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 95 percent, if that stockout risk for various levels of safety stock is as follows: 1,500 feet, .10; 1,600 feet, .05; 2,100 feet, .02; and 2,400 feet, .01?

Appropriate reorder point             ft

Reference no: EM131652171

Questions Cloud

Probability of specific ranges of values for a cd : Your task is to respond to her statement and, in doing so, explain why it is appropriate to find the probability for specific ranges of values for a continuous.
Discuss properties of the uniform distribution : The probability that a value from a normally distributed random variable will exceed the mean is 0.50. The same is true for the uniform distribution.
Draw e-r diagram : Terps Success, Inc., is a consultant firm with approximately 300 employees. A database is required to keep track of all employees
Explain discrete and continuous probability distributions : Discuss the difference between discrete and continuous probability distributions. Discuss two situations in which a variable of interest may be considered.
Appropriate reorder point : A newspaper publisher uses roughly 810 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers.
Difference between the actual and scheduled arrival times : The San Luis Obispo, California, Transit Program provides daily fixed-route transit service to the general public within the city limits and to Cal Poly State.
The five competitive forces that shape strategy : After reading Porter's "The Five Competitive Forces that Shape Strategy," discuss briefly, in your own words,
Principles of success that you believe are most impactful : What psychological concepts do you wish we had explored in more depth in this course
Experienced an unethical situation at a workplace : Recall a time when you experienced an unethical situation at a workplace. What events led up to the situation?

Reviews

Write a Review

Operation Management Questions & Answers

  What are the potential financial implications

As utilization review techniques are implemented by MCOs, how has this had an impact on patients being able to access the care they need? What are the positives and negatives of limiting access to some providers? What are the potential financial impl..

  Different industries that employ jit manufacturing

Search for two companies belonging to different industries that employ JIT manufacturing. Demonstrate why the companies of your choice adopted the concept and what the result has been for each company since the change was implemented.

  Describe porters value chain model

Describe Porter’s value chain model. What is the relationship between the competitive forces model and the value chain model?

  Product research-pricing research-promotion research

Discuss the four types of marketing research that a product company may use: product research, pricing research, promotion research and distribution research. Give examples of primary and secondary data.

  Described as the most misused approach to training

On-the-job training has been described as the most misused approach to training.

  What are internal and external whistle-blowing

What are 7 steps of a compliance program? What is bribery? What is a whistle-blower? What are 5 conditions that make whistle-blowing ethical? When is it unethical? What are internal & external whistle-blowing?

  Partnership perspective for managing human resources

Select an organization (a place that you currently work at or have knowledge with) and for this organization, please define how this organization incorporates a “partnership perspective for managing human resources.” Is it realistic to expect this or..

  About forecast a technology

About Forecast a technology

  Small portion of system development projects

An auditor examined data flow diagrams in a small portion of system development projects and determined that there were nearly 12% of them with errors.

  Canadian motorcycle company

The Canadian Motorcycle Company (CMC) has determined that its customers are very price-sensitive, with the number of motorcycles purchased heavily dependent upon the prices set. The company makes two different styles of bike: the high-end Jet and the..

  Engineering and ethics risk and liability

Engineering and Ethics Risk and Liability in Engineering How does the National Society of Professional Engineers Code of Ethics promote safety, health and welfare to the public/society? (write at least 3 paragraphs) Read the case study 6: “Citycorp” ..

  Timeless category with a single unchanging definition

Eric Foner writes that “Freedom is not a fixed, timeless category with a single unchanging definition. Indeed, the history of the United States is, in part, a story of debates, disagreements, and struggles over freedom.” Explain how Americans debated..

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