Serves slow-cooked barbecue beef sandwiches

Assignment Help Operation Management

Reference no: EM132136068

Joe's Slop House is a little hole in the wall restaurant that serves slow-cooked barbecue beef sandwiches. The beef for the sandwiches cooks overnight, so each evening Joe decides how much beef to cook for the next day. The beef costs $2.5 a pound and Joe sells each sandwich (filled with 1 pound of beef) for $3.0. At the end of the day, any leftover beef is given to the neighborhood church for their soup kitchen. The tax deduction for this is worth $1.0 a pound. Daily demand for the beef can be approximated by a normal distribution with a mean of 230 pounds and a standard deviation of 35 pounds.

Cost of Shortage (Cs):

Cost of Excess (Ce):

What is the optimal service level?

What is the corresponding z value?

How many pounds of beef should Joe cook for the next day?

Reference no: EM132136068

Questions Cloud

Bad examples of leadership and management : Discuss your opinion and include good and bad examples of leadership and/or management.

How will globalization impact businesses : What should you do right now to prepare for the future? How will globalization impact businesses? Marketing? Management? Finance? Accounting?

Select well-known publicly traded company-southwest airlines : Select a well-known publicly traded company from SP500: Southwest Airlines

Explain how salesperson might use internet-based : Explain how a salesperson might use internet-based, online product catalogs, and presentation libraries to enhance his or her sales productivity.

Serves slow-cooked barbecue beef sandwiches : Joe's Slop House is a little hole in the wall restaurant that serves slow-cooked barbecue beef sandwiches.

The age discrimination in employment act prohibits : The Age Discrimination in Employment Act prohibits age discrimination against people older than __________.

Define the SWOT analysis for Target Corporation : Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.

Relationship in strategic decisions-compensation practices : Discuss the relationship between the strategic decisions and compensation practices of your current or former organization

Parts of the human resources management process : In relation to the parts of the human resources management process, labor relations would fall under __________.

User Account

All Pages