How many boxes of lettuce should the supermarket

Assignment Help Operation Management
Reference no: EM1384290

The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy fresh lettuce for $6.00 a box. The lettuce is sold for $12.00 a box and the dealer that sells old lettuce is willing to pay $1.40 a box. Past history says that tomorrow's demand for lettuce averages 230 boxes with a standard deviation of 33 boxes.

How many boxes of lettuce should the supermarket purchase tomorrow? (Round your answer to the nearest whole number.)

Reference no: EM1384290

Questions Cloud

Characteristics and methods of reproduction of organisms : Discuss the defining characteristics and methods of reproduction of organisms belonging to the Kingdom Fungi in general,
What does your strategic group map of the energy drink : What does your strategic group map of the energy drink, sports drink, and vitamin-enhanced beverage industry look like? Which strategic groups do you think are in the best positions? The worst positions?
Manners of combating sexual harassment in workplace : Critically discuss some of the ways of combating sexual harassment in the workplace. Describe the negative work outcomes resulting from sexual harassment.
Distinguishing characteristics of lichens : Determine the distinguishing characteristics of lichens with regard to their nutritional needs, and what are the roles of the fungus and the alga that make up lichens?
How many boxes of lettuce should the supermarket : Past history says that tomorrow's demand for lettuce averages 230 boxes with a standard deviation of 33 boxes. How many boxes of lettuce should the supermarket purchase tomorrow?
The equation of the path of a balloon : A balloon is launched from station A. At any instant its horizontal position is defined by x =0.4t2, where t is in seconds and x is in meter. The equation of the path is defined by: y = x 2 - 0.4 x
Java program to find solution of cryptarithmetic puzzle : A solution to puzzle is S=9, R=8, O=0, M=1, Y=2, E=5, N=6, D=7. Write down a java program which finds solution to cryptarithmetic puzzle of: TOO + TOO + TOO + TOO = GOOD.
Drawbacks of postponing pregnancy : Critically discuss some of the drawbacks of postponing pregnancy? What are some of the benefits? Identify at least three of each and explain.
Find the reorder point necessary to provide : The annual demand for a product is 16,200 units. The weekly demand is 312 units with a standard deviation of 90 units. The cost to place an order is $30.50, and the time from ordering to receipt is eight weeks.

Reviews

Write a Review

Operation Management Questions & Answers

  Describe price-break inventory model

Assume that annual demand for a part is 40,000 units, ordering cost. Using a price-break inventory model which of subsequent is optimal order quantity.

  Selecting the topic for research proposal

Explain the process of generating and selecting topics for your research proposal. What is the difference between the research paper, research proposal, and term paper?

  Research methods or critiquing an article

Critiques an article from Forbes Magazine to ascertain whether or not good research methods were employed.

  Elucidate how would you have assessed the feasibility

Elucidate how would you have assessed the feasibility of this venture when the idea first came up? Elucidate how ‘risky' would you have considered the project that implemented this idea.

  How gold coast advertising measures its quality

Illustrate what is wrong with explain how Gold Coast Advertising measures its quality. Explain why Gold Coast should ask its customers about explain how they define quality.

  Ftc regulations on diet product claims

What do you think a court will decide here? If the company wants to comply with the FTC regulations on diet product claims, what language would need to change in the ads mentioned above?

  Decide whether silas should recover in this case

closing also he sued 18 is enough for damages. 18 is enough defended on basis of limitation of liability provision on parking stub also notice that lot closed at 8:00. Using principles of bailment law, decide whether Silas should recover in this c..

  Elucidate how much ten surgeries cost hospital

It costs hospital $5,000 per hour for surgery. Learning rate is 80% also first surgery took 30 hours. Elucidate how long tenth surgery may last.

  Generic pharmaceuticals industry

How does Teva compete in the generic pharmaceuticals industry? What is its competitive advantage. Evaluate Teva's resources. Which are its most valuable ones?

  What aspects of hrm are you using

What aspects of HRM are you using, or have used, in your current or former jobs, If you do not have experience with HRM, does a career in Human Resource Management

  Why do individual businesses champion green causes

Why do individual businesses champion green causes and work-family accommodations while the Chamber of Commerce fights these initiatives aggressively

  Decision modeling for mytrle air express

Suppose that management of Mytrle Air express believes that the probability of weak demand is 0.70. and the probability of weak demand is 0.3. Use the expected value approach to determine an optimal decision.

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