Drugstore uses fixed-order cycles for many of the items

Assignment Help Operation Management

Reference no: EM131707490

A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The order interval is 14 days, and lead time is 2 days. Average demand for one item is 65 units per day, and the standard deviation of demand is 10 units per day. Given the on-hand inventory at the reorder time for each order cycle shown in the following table. Use Table. Cycle On Hand 1 44 2 9 3 106 Determine the order quantities for cycles 1, 2, and 3: (Round your answers to the nearest whole number) Cycle Units 1 2 3

Reference no: EM131707490

Questions Cloud

What causes the emotion : What causes the emotion?

Result of security pacific poor financial condition : Peters was laid off as a result of Security Pacific's poor financial condition. Does Peters have a cause of action?

Federal court to get jurisdiction over his employer : What must Perry show to a federal court to get jurisdiction over his employer? Explain.

Influenced this publix organization decision to change : Describe how one or more of the four frames (or drivers) of organizational change influenced this PUBLIX organization’s decision to change.

Drugstore uses fixed-order cycles for many of the items : A drugstore uses fixed-order cycles for many of the items it stocks.

Arbitration that contains potentially harmful information : Arbitrator A receives a letter from one of the parties in arbitration that contains potentially harmful information to the opposing party.

Cultural position on environmental sustainability : What is the cultural's position on environmental sustainability? Is the culture compatible with employee's diversy of backgrounds?

Defined or emerging culture of shared believes : Is there a well defined or emerging culture of shared believes, expectations and values? Is the culture consistant with current objectives, strategies, polices.

What forces drive industry competition : What forces drive industry competition? Are these forces the same globally or do they vary from country to country? Rate each force as high, medium or low.

User Account

All Pages