User Account

All Pages

Production capacity should the manufacturer reserve

Assignment Help Supply Chain Management
Reference no: EM1387837

A manufacturer of industrial sales has production capacity of 1,000 units per day. Currently, the firm sells production capacity for $10 per unit. At this price, all production capacity gets booked about one week in advance. A group of customers have said that they would be willing to pay $15 per unit if capacity was available on the last day. About ten days in advance, demand for the high-price segment is normally distributed with a mean of 250 and a standard deviation of 100. How much production capacity should the manufacturer reserve for the last day?

Reference no: EM1387837

Questions Cloud

Digestive and urinary systems process : Our digestive and urinary systems process our food and body waste to remain our bodies nourished and functioning. Poor diet and hygiene can compromise our digestive and urinary systems,
Create constructor function which takes no inputs : You must have the constructor function which takes no inputs and randomly generates the 5 letter string for name and random integers from 20 to 40 for both age and class size.
Using p-value approach-interpret the value of p-value : (A) At the 0.05 level of significance, use the six step critical value approach to hypothesis testing to try and prove that the 2004 proportion has increased. (B) Use the 5 step p-value approach. Interpret the meaning of the p value.
American hospital association patient bill : Develop a 6-10 slide PowerPoint presentation on American Hospital Association's Patient's Bill of Rights. Your presentation is to comprise each of the following: An overview of AHA's Patient Bill of Rights and explanation of its objectives
Production capacity should the manufacturer reserve : How much production capacity should the manufacturer reserve for the last day and A group of customers have said that they would be willing to pay $15 per unit if capacity was available on the last day.
Each unit of product must be processed on two assembly lines : Each unit of product must be processed on two assembly lines, where the required production times are as follows.
Explain features of vista operating system : What makes Vista better (or worse) choice for home or office computing? Explain general features of the operating system.
Ethical healthcare organization : Please provide at least three paragraphs. Main, compare and contrast, and conclusion. Please provide references that aren't websites. In the last question listed below, select one or the other to provide the steps in implementing either ethical he..
Values clarification assessment : Discuss your personal values in the context of selecting place to work. Write down your considerations as a value statement. Consider the value of working in organization whose mission and vision is congruent with your own values and how that woul..

Reviews

Write a Review

Supply Chain Management Questions & Answers

  Case study of mega cabinets

Mega Cabinets, Inc. (MCI) hired carpenters to make and install cabinets in their new sales territory. During orientation, MCI conducted an intensive training session that detailed MCI's procedures for measuring and hanging kitchen cabinets.

  Demonstrate an understanding of the importance

Demonstrate an understanding of the importance of procurement for global organisations operating in complex market environments Locate, synthesise and critically evaluate recent/current information

  Why is trust so important in supply chain

Why is trust so important in supply chain? And also, why is trust so hard to gain back once it is lost? What do you think about those two statements?

  What is the minimal annual inventory cost

What is the minimal annual inventory cost of the new aggregate replenishment strategy and what is the minimal annual inventory cost of the Harley's current strategy of ordering separately from each supplier

  Depth analysis of a global cold chain

The logistics of a global cold chain getting fresh vegetables from farms in Thailand to supermarkets in Europe

  Describe the hyper-social organization

Four Pillars Of A Hyper-Social Organization - Explain the hyper-social organization. Explain the four pillars of a hyper-social organization.

  Supply chain network design for cwc

This assignment explain the supply chain management process of cwc. What is the current annual supply chain cost?

  Classify briefly different categories of procurement

Classify briefly different categories of procurement

  What is the effect of different rates

What is the e ffect of di fferent defective rates on optimal order quantity, backorder quantity and expected total pro t per unit? Please display your results graphically as well as a brief description.

  Language differences, government regulations, cultural diff.

Language differences, government regulations, cultural differences pose great ch allenges and risks to global sourcing. The benefits of global sourcing overshadow the risks:

  Explain the levels of intensity in the distribution channel

Explain the levels of intensity in the distribution channel

  Supply chain management problem

Providing two distinct options and arguing the benefits and costs of each. You are the Vice President for Transport of a medium-sized company.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd