Experienced too many stock outs on one particular item

Assignment Help Operation Management

Reference no: EM132100425

In your role as production planner, you have experienced too many stock outs on one particular item. This item has 408 pints of demand during the lead time and a standard deviation during the lead time of 12.8 pints.

Calculate the Safety Stock assuming a 5% risk level. (Keep two decimal places in your answer which should be a percentage)

Reference no: EM132100425

Questions Cloud

Develop strategies to encourage employees : Develop strategies to encourage employees. How will you reward them for their performance and support them during difficulty?

What is the total cost of one order : What is the total cost of one order if you order in quantities equal to the EOQ?

What will happen to the company operating income : What will happen to the company's operating income if the diet line is discontinued? The company's operating income will increase

Code of ethics for professional accountants : Discuss all three companies above and find (via electronic journals) the events that led up to the liquidation. Visit the CPA website; discuss APES 110 Code

Experienced too many stock outs on one particular item : In your role as production planner, you have experienced too many stock outs on one particular item.

What is the highest price that Down Hill could pay : What is the highest price that Down Hill could pay the outside supplier for the wheel and be economically indifferent between making or buying the wheels

Some things we need to look for in performance evaluation : What are some things we need to look for in performance evaluation? Why is it important to look at trend analysis to detect what might be happening?

Reflect on the firms strategy : BUSA 4126 : Describe the misalignment and the misfit between the firm's claimed values and its actual behavior based upon the revelations from the news.

Using the business process modeling notation : create a diagram, using the Business Process Modeling Notation (BPMN) to represent the Cotton Garment Supply Chain.

User Account

All Pages